Incentives & Assistance

Incentives & Financial Assistance for Businesses

Learn more about local and state financial assistance opportunities, Main Street Iowa and State Historical Society of Iowa programs, SBA loans, and much more, in Waverly's Incentives and financial assistance brochure. 

Business Incentives

Market Analysis

The Waverly Chamber of Commerce spearheaded a downtown market analysis process to promote an in-depth understanding of local and regional market conditions and trends impacting the downtown district’s current economic performance and opportunities for the future. Information and direction gained throughout the market analysis process provides a sound basis for local decision-making processes and strategies aimed at enhancing the economic and social qualities for the Waverly downtown business district.

Waverly Chamber of Commerce Market Analysis

Small Business Facade and Improvements Incentive Program

The objective of this program is to provide an incentive to support small business owners or small building owners in adaptive reuse of existing commercial structures; to create a stronger main street corridor by presenting a facade that is attractive to potential customers and business owners; and to create quality upper story living/office space in area buildings that are currently vacant or in a general state of disrepair. This program will provide incentives to the business owner or building owner in the form of tax rebatement.

Program Description and Application

For more information on this program, contact Travis Toliver, Executive Director, Waverly Chamber of Commerce.

Waverly Area Development Revolving Loan Fund

The revolving loan fund is primarily intended to be used for the purpose of filling gaps in financing for financing commercial, industrial, or retail establishments in the Waverly, Shell Rock, and Bremer County areas. The stated purpose of this fund is to retain and create employment opportunities, leverage other public and private investments, facilitate economic growth, and encourage industrial, commercial, and retail development in designated areas.

Loan Application

For further information please contact Connie Tolan, Waverly Area Economic Development.

IRP Revolving Loan Fund

This revolving loan fund is primarily intended for the purpose of filling gaps in financing for the establishment or expansion of retail establishments and commercial projects within the city limits of Waverly. The stated purpose of this fund is to retain and create employment opportunities, leverage other public and private investments to facilitate growth, and to encourage commercial and retail development, expansion, and community development projects within the city limits of Waverly.

For further information on the IRP Revolving Loan Fund please contact Travis Toliver, Executive Director, Waverly Chamber of Commerce.

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/, or any USDA office, or call (866) 632-9992 to request the form. You may also right 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.

A high quality of life, friendly and progressive merchants, and a college town atmosphere; this is Waverly, Iowa.