The SW Bond Avenue Extension is a public/private partnership, with public funds coming from the North Macadam Urban Renewal Area administered by Prosper Portland (formerly known as PDC), transportation system development charges (SDCs) administered by PBOT, and an Immediate Opportunity Fund grant from Business Oregon and the Oregon Department of Transportation. Property owners including OHSU and Zidell are contributing to the project by performing environmental remediation, dedicating right-of-way and constructing frontage improvements.

The cost of SW Bond Avenue Extension Phase 1 (SW River Parkway to SW Porter Street) is approximately $11 million.