City of Oelwein Home Rehabilitation Program

The City of Oelwein’s Home Rehabilitation Revolving Loan Fund (RLF) Program has been established to provide resources to improve residential neighborhoods and livability of single-family homes through providing low interest loans to low- and moderate-income residents to complete rehabilitation projects on their homes. Upper Explorerland Regional Planning Commission (UERPC) is responsible for administering the program on behalf of the City of Oelwein.

Applicants meeting the eligibility criteria may apply for funds to finance property improvements that substantially improve the livability and/or protect the structural integrity of the home. The minimum loan amount is $1,000 and the maximum amount is $15,000. The fully amortized loan term under the program for all loans will equal 10 years. Loan interest rates will range from 1 to 4% and determined based on the applicant’s family income as compared to the median family income for Fayette County.

Applications will be accepted by UERPC on a continuous basis. Applications can be obtained by downloading the PDF below, at the Upper Explorerland Office at 325 Washington St, Decorah, at City Hall, or by phone at 563-864-7551.

Interested parties should contact Rachelle Howe at UERPC at 563-864-7551 or email with any questions or to be sent an application packet.