The Confederated Tribes of the Umatilla Reservation in Oregon plan to create 100 jobs with a tax-exempt bond project.

The tribe is taking advantage of $23.6 million in bonding authority it received through the American Recovery and Reinvestment Act of 2009. The bonds will fund a 200-room hotel, pool and multi-event center.

"We're not a big urban population center so creating 100 jobs is going to have a significant impact in our region," Gary George, the chief of operations for the Wildhorse Resort and Casino, told Northwest Public Radio.

Nationwide, the Department of Treasury announced $1 billion in tribal tax-exempt bonding authority. Applications for another $1 billion are due January 2, 2010.

Get the Story:
Northwest Tribes Score Federal Bonds For Non-Gaming Projects (Northwest Public Radio 9/23)

American Recovery and Reinvestment Act:
H.R.1 | S.1

Related Stories:
Tribes plan big projects with tax-exempt bonds (9/22)
Treasury releases $1B in tribal bond authority (9/16)
Tribes can apply for $2B in tax-exempt bonds (06/24)