The Joint Committee on Ways and Means Subcommittee on Capital Construction convened on March 21, 2025, to discuss various topics related to state funding and programs. The meeting began with a review of a loan program that has seen limited engagement since its inception, with only two applications approved for a total of $500,000. The federal law governing the program caps loans at $520,000, but the lack of interest raises concerns about its visibility and effectiveness.

Committee members expressed frustration over the program's low uptake, suggesting that insufficient information may be contributing to the lack of applicants. One member highlighted the demographic challenges facing Oregon's farming community, noting that younger individuals are interested in entering the farming business but may not be aware of available resources like this loan program.

The discussion shifted to the potential for further exploration of the program's promotion and outreach strategies. Members acknowledged the need for a more robust conversation about how to engage potential applicants, particularly younger farmers who are eager to participate in the agricultural sector.

As the meeting progressed, a member retracted a previous statement regarding the financial viability of revenue from a PSU parking structure, admitting that the calculations revealed it would not be a feasible source of income.

The meeting concluded with no further questions from the committee, and the chair closed the session after thanking participants for their contributions. The discussions underscored the need for improved communication and outreach regarding state programs to better serve the community's needs.