Revolving Loan Programs

Revolving Loan Programs

The Upper Explorerland Revolving Loan Fund (RLF) through the Economic Development Administration (EDA) and the Intermediary Relending Program (IRP) through the United States Department of Agriculture (USDA) are designed to provide financing to new and expanding small businesses for which credit is not otherwise available on terms and conditions, which permit completion and/or the successful operation of proposed business activities.

Nondiscrimination Statement:
"This institution is an equal opportunity provider and employer."

If you wish to file a Civil Rights program complaint of discrimination, complete the USDA Program Discrimination Complaint Form, found online at http://www.ascr.usda.gov/complaint_filing_cust.html, or at any USDA office, or call (866) 632-9992 to request the form. You may also write a letter containing all of the information requested in the form. Send your completed complaint form or letter to us by mail at U.S. Department of Agriculture, Director, Office of Adjudication, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, by fax (202) 690-7442 or email at program.intake@usda.gov."


For more information on this program, please contact Diana Johnson.

Other Incentive and RLF Programs

Other Incentive and RLF Programs

Each entity below also offers a revolving loan fund option for start-up or existing businesses.  Additional funds can be utilized for the purchase of real estate, construction, building rehabilitation and much more.  For more information, see applications below or contact your local economic development office.

News Headlines

Northeast Iowa Regional Housing Trust Fund Special Meeting Agenda

Posted: Fri, April 3, 2020

Northeast Iowa Regional Housing Trust Fund

Special Meeting Agenda

Thursday, April 9, 2020 @ 10:00 a.m 

This will be a conference call meeting.  Please contact 605-475-4810 to join the meeting.  Participant access code is 625970*

Meeting is being conducted via conference call for health safety due to COVID-19

  1. Agenda Approval
  2. Approval of Minutes from February 20, 2020 regular meeting
  3. Discussion and Consider Approval of deferring loan payments temporarily due to COVID-19
  4. Floor Items
  5. Adjournment

Board meetings are accessible to all.  

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Families First Coronavirus Response Act Notice

Posted: Thu, March 26, 2020

The following documents provide information on the Families First Coronavirus Response Act Notice.

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NOTICE: IowaWORKS Offices Limiting In-Person Services

Posted: Fri, March 20, 2020

IowaWORKS Centers are taking significant steps to follow the Iowa Department of Public Health's guidance for social distancing.

Effective immediately, IowaWORKS offices will only be open to customers with an appointment, or to accept identity verification from customers applying for benefits. Individuals are encouraged to call or email IowaWORKS to receive assistance:  uiclaimshelp@iwd.iowa.gov, or 866-239-0843.    

For more information and for updates, visit:  https://www.iowaworkforcedevelopment.gov/updates-and-resources-about-covid-19

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UERPC Offices Closed to Public Until Further Notice

Posted: Tue, March 17, 2020

Due to the COVID-19 and public health concerns, both UERPC offices of 134 Greene Street, Postville and 325 Washington Street, Suite A, Decorah are closed to the public effective immediately and until further notice. Please know that we are still here to serve you. Feel free to contact us via email or phone at 563-864-7551.

**Special note regarding the Postville Office:  If you have mail to drop off, please use our exterior drop box. For updates, please check our website and follow us on Facebook.** 

**Special note on Rental Assistance: All April checks will go out as scheduled.**

Please call our office with questions or concerns at 563-864-7551. Thanks for your understanding.

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