ALLAMAKEE-CLAYTON ELECTRIC COOPERATIVE OFFERS RESOURCES TO ASSIST BUSINESS OWNERS
Small businesses are at the heart of local communities. At ACEC, we have numerous resources available to help businesses. “We value the role our local businesses play in supporting our communities. Business owners and their employees are vital to Northeast Iowa and we want to help provide resources for them,” said Brenda Hackman, ACEC’s manager of economic development and community relations.
To increase communication to businesses, please email or call me with your contact information so I can send you additional resources, as they arise.
New Housing Resource Webpage
To connect current and prospective residents with helpful information and resources for finding a home, building or relocating, we've recently launched an ACEC Residential Sites and Resources webpage. The goal is to create a central location for housing resources and to display residential locations currently available on ACEC lines. Click here to learn more.
Thank you,
Brenda Hackman
Manager, Economic Development and Community Relations
bhackman@acrec.coop
563-605-6026
USDA Revolving Loan Fund
ACEC loaned $245,358 in USDA Revolving Loan Fund (RLF) money to assist the Elkader Pit Stop with an expansion and remodel of the gas station in downtown Elkader (September 2025)
USDA Rural Economic Development Loan
A USDA Rural Economic Development Loan (REDLG) application written by Dairyland Power and submitted by ACEC provided a $2 million loan (along with MiEnergy-$2 million loan) to WinnMed Hospital in Decorah for their remodel and expansion. This program is designed to promote economic development and job creation projects in rural areas. By providing this pass-through loan to WinnMed Hospital in Decorah, Dairyland Power, ACEC and MiEnergy are contributing to the healthcare infrastructure and services in the region, which can have a significant positive impact to NE Iowa such as improved healthcare services, job creation, and economic growth. (July 2025)
USDA Rural Economic Development Loan
A USDA Rural Economic Development Loan (REDLG) application written by Dairyland Power and submitted by ACEC provided a $2 million loan to Nexus Cooperative to purchase equipment for an expansion at the existing feed mill in Elgin (December 2024)
USDA Rural Economic Development Revolving Loan
ACEC and Dairyland Power Cooperative together loaned a total of $400,000 in USDA Rural Economic Development Revolving Loan funds to White Haus Holding, LLC, outside of Waukon to construct and furnish a new event venue, White Haus Social. (September 2024)
USDA Revolving Loan Fund
ACEC ($200,000) was proud to partner with Dairyland Power Cooperative ($200,000), Corn Belt Power Cooperative ($200,000) and Butler County REC ($100,000) to provide a combined $700,000 in USDA Revolving Loan Funds (RLF) for the Sumner Daycare and Learning Center, Inc. for its new building. (May 2024)
USDA Revolving Loan Fund
ACEC loaned over $143,693.75 in USDA Revolving Loan Fund (RLF) money to assist Rainbow Quarry LLC outside of Rossville to purchase a diamond band saw to expand its product base. (April 2024)
USDA Revolving Loan Fund
ACEC loaned $75,000 to Shea Properties, LLC from the USDA Revolving Loan Fund (RLF) for a commercial building remodel and green space renovation located in an historic downtown building in Elkader. (March 2024)
USDA Revolving Loan Fund
ACEC worked with the Hawkeye Fire & Rescue for a $100,000 USDA Revolving Loan (RLF) for a new fire station. (December 2023)
