OPIF Tax Credit Auction is Open – DOR Website is Up

The October Oregon Production Investment Fund Auction is now open.  This time the total amount of tax credits to be auctioned will be $4,000,000.  The process will be exactly like the successful auction conducted in July.  It’s important to know that there is only time for one more OPIF auction this year so we will be working hard to make sure all $4,000,000 sells out in the designated time frame.
The most important points to know right now:
  • The Department of Revenue’s Website is now open – Go Here to see their details.

  • The auction ends on Friday, October 25, 2013 at 5:00 PM;

  • Bidder must submit payment along with Form TCA by Friday, November 1, 2013, at 5:00 PM;

  • There are be $4 million in tax credit certificates available for the auction; and

  • The credit certificates will be in $500 increments and the minimum bid will be $475.

We will be sending out more information leading up to the auction.  Should you have any questions now, please feel free to contact me via email ([email protected]) or phone (503) 229-5832.


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