Economic Development Authority

The Waverly Economic Development Administration (EDA) is a seven-member board established by the Council in 1999 to develop policies and programs to both attract new businesses and industry  to Waverly and to retain and assist existing business.  EDA is a separately incorporated entity under Minnesota Statutes 469.090-460-109 and has the authority (with the permission of the Council) to buy, sell and/or lease property, to issue business loans and/or grants and to conduct other financial activities.  Two of the EDA members are members of the Council.  The remaining five members are appointed by the Council for seven-year terms.  An EDA member must either be a resident of Waverly or own a business located in Waverly or work in a managerial position for a Waverly business.  


Waverly Childcare Loan Program

City of Waverly EDA has a Child Care Loan Program. If you are a daycare provider within the City of Waverly or within a 5 mile radius of Waverly we may be able to help. If interested you can drop off the application to the City offices and we will get it passed on to our Economic Development Authority. Thank you!