Direct Investment Fund (DIF)
Oskaloosa Area Chamber & Development Group (OACDG)
- Providing direct cash incentives to new industries and businesses that locate in Mahaska County.
- Creation of quality employment opportunities for area residents is a prime consideration for these funds.
- Providing matching funds for any state program used in a financial package.
- OACDG does not make outright grants.
Mahaska County Revolving Loan Fund
These loan funds that will be made available come from repayments of loan(s) issued by Mahaska County from funds received by the County through the Community Development Block Grant (CDBG) Economic Development Set-Aside program. Because of program requirements from the CDBG Set-Aside program the primary focus will be on assisting industries that desire to locate, expand or diversify their business into Mahaska County. Priority on award of these funds shall be given to applicants that will provide 51% or more of the jobs created/retained as a result of loans under this program to persons of low and moderate income (defined as 80% of the median income for Mahaska County).
View qualifications for this loan
View loan guidelines
New Sharon Recreation and Economic Development Foundation (NSREDF)
New Sharon, a town located in Mahaska County, has a program developed to help projects that will be located in New Sharon.
The New Sharon Recreation & Economic Development Foundation is a non-profit organization dedicated to advancing the community of New Sharon through the use of the one-cent sales tax to fund projects and programs designed to benefit the community and develop leadership.
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