A big part of the working capital that helps Oregon open its doors to families, invest in new projects and grow its workforce comes from long-term investments by life insurers. Our companies have invested $81 billion in Oregon’s economy with agricultural loans, education bonds, infrastructure, residential and retail mortgages and more. We are here to strengthen communities and families across the Beaver State.
Investing in Agriculture
Life insurers have invested $592 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 over $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 $2.7 billion to mortgage loans
throughout the state, helping more individuals and families call Oregon
“home.”
Investing in Capital Improvements
Life insurers have invested $731 million in bonds for capital
improvements that were issued by state and local authorities. This
includes $135 million with Multnomah County; $23 million with
Portland Urban Renewal, nearly $5 million with Corvallis, and more.
Investing in Retail
From Portland to Klamath Falls, life insurers have invested $1.4 billion
in retail mortgages in Oregon, helping business owners open their
doors and expand to new locations.
Investing in Infrastructure
Life insurers have invested nearly $1.1 billion to finance Oregon ports,
transportation and utilities, including $485 million in the Port of
Morrow, $134 million in the Port of Portland Airport and over $40
million in Washington County clean water services.