The State of Oregon supports the financing of public college and university buildings, facilities, construction, demolition, renovation and maintenance. The state primarily supports these activities through state-funded debt in the form of bonds. The information here will help you learn about the state process for capital construction and deferred maintenance funding at the Oregon community colleges and public universities.
Our Responsibilities
The Higher Education Coordinating Commission (HECC) Office of Postsecondary Finance and Capital (PFC) coordinates the process for developing state budget recommendations for capital investments and state-funded debt for Oregon’s
community colleges and public universities. Our responsibilities include the following.
- Capital proposal development, such as leading the rubric and prioritization process for the university capital request and the capital allocation formula development (see the planning guides posted below)
- Long-term planning of capital needs
- Fiscal reporting and analysis
- Administration of bonds and payments for state-approved capital projects
Public processes related to funding the community colleges are conducted at
public meetings, often starting in the HECC Funding and Achievement subcommittee. Learn
how to stay engaged with us or
subscribe to public meeting notices here.
University Capital Funding
PFC coordinates the process of developing state budget recommendations for capital investments and state-funded debt (in the form of bonds) for public universities. Oregon’s seven public universities develop the project proposals and submit them to the HECC for consideration in the Agency Request Budget.
Public University Capital Guide
The HECC provides the following guide to help universities prepare their proposals for capital requests.
Public University Capital Guide, last revised in September 202410-Year Strategic Capital Plan
To assist the Commission in setting priorities for public university capital construction and deferred maintenance projects that are aligned with educational goals of the state, a 10-year strategic capital plan was created in 2019. The plan was developed in partnership with the public universities and workforce partners, and with the support of consultants with expertise in educational strategic capital planning.
10-Year Strategic Capital Plan
Community College Capital Funding
The HECC Office of Postsecondary Finance and Capital also coordinates the process for developing state budget recommendations for capital investments and state-funded debt (in the form of bonds) for Oregon’s community colleges. Oregon’s 17 community colleges develop proposals and advance them to the HECC for consideration in the Agency Request Budget. Oregon statutes require the community colleges to match funding for any state-based bond funding.
Community College Capital Guide
The HECC provides the following guide to help Community Colleges in their preparation of capital requests.
Community College Capital Guide, last revised February 2024