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Economic Development
Umpqua CDC develops
projects and businesses that employ and assist low-income individuals.
Our economic development services include:
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Home Buying
Umpqua CDC has increased home
ownership potential for low-income and first time homebuyers in Coos,
Curry, and Douglas Counties. We offer zero or low-interest deferred
loans, which enable this population to purchase refurbished homes. We
also offer the Mutual Self-Help Housing program, where participant
households and volunteers help build the homes. The labor (sweat-equity)
becomes the down payment, enabling low- and very low-income working
families to purchase more home for their money. |
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Economic Diversification
In 1998 a 75-mile bicycle route was
developed between the timber dependent communities of Glendale and
Powers in Southwest Oregon. This cooperative effort between Umpqua CDC,
the U.S. Forest Service, Bureau of Land Management, and the Cities of
Glendale and Powers is an economic diversification tool to draw tourists
into communities that struggle with stagnant economies. |
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Heartwood ReSources
In 2001 Umpqua CDC initiated Heartwood
ReSources, a used building materials retail outlet with deconstruction
services. Heartwood ReSources is an environmental stewardship and
economic development strategy to reduce impact on the county’s landfill,
and help with the rehab of homes for low-income homeowners. |
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Microenterprise Development and Learning (MEDAL)
In 1994 MEDAL was created to offer
business development classes, technical assistance to low-income
individuals |
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