A big part of the working capital that helps Oregon open its doors, invest in new projects and grow its workforce comes from long-term investments by life insurers. Our companies have invested $79 billion in Oregon’s economy with agricultural loans, education bonds, infrastructure, residential and retail mortgages and more. We are here to strengthen businesses and communities across the Beaver State.
Investing in Agriculture
Life insurers have invested nearly $500 million in agricultural loans in Oregon. From hay to cattle, grass seed to grapes, these loans provide the financing for new farmers to buy land and veteran farmers to upgrade and purchase equipment, support their operations and diversify production.
Investing in Education
Life insurers have invested nearly $1.6 billion in bonds for education in Oregon. These bonds allow Oregon schools to invest in safer school buildings, keep up with and enhance technology for students and staff, and ensure Oregon’s students have the tools they need to learn at their best.
Investing in Apartments/ Multifamily
The industry has dedicated over $2.5 billion to mortgage loans throughout the state, helping more individuals and families call Oregon home.
Investing in Capital Improvements
Life insurers have invested nearly $900 million in bonds for capital improvements that were issued by state and local authorities. This includes nearly $200 million with Multnomah County; nearly $30 million with Lake Oswego and $22 million with Portland Urban Renewal, and more.
Investing in Retail
From Portland to Klamath Falls, life insurers have invested more than $1.5 billion in retail mortgages in Oregon, helping business owners open their doors and expand to new locations.
Investing in Infrastructure
Life insurers have invested more than $1 billion to finance Oregon ports, transportation and utilities, including nearly $500 million in Port of Morrow, nearly $74 million in the Port of Portland and nearly $50 million in Washington County clean water services.