Downtown Development

We’re getting things done in downtown Oelwein! We’re successfully renovating, refurbishing and renewing! We are attracting new specialty shops while promoting the existing shops, offices and restaurants. Ample parking is available throughout our downtown.

Come see what Oelwein has to offer to you and your business and consider becoming a part of the success of Oelwein’s progressing downtown!

For more information on the Downtown Development Committee, please visit our Programs page.

Revolving Loan Fund

The City of Oelwein Revolving Loan Fund became available in October of 2007 to make monies available to help businesses in Oelwein improve their properties, expand, acquire buildings/land and more. In 2015 and 2019, additional Revolving Loan Funds were awarded to the City of Oelwein from USDA to enhance and expand the opportunities of the existing program to further increase the capability of funding new and existing businesses.

For complete details, including the application, on the Revolving Loan Fund, please see our Financial Incentives page.