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Application Procedure

Application Procedure Overview The RLF Application Form needs to be completed as accurately and as up-to-date as possible. Additionally, a complete Business Plan is required. Essential to the application are

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Business Loan Fund

Business Revolving Loan Fund Purpose The Business Revolving Loan Fund (RLF) was established to assist small businesses within the City of Portsmouth, Ohio. The main focus of the RLF is

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Community Block Grant

Community Development Block Grant Overview The Community Development Block Grant (CDBG) program administered by the State of Ohio Department of Development provides Portsmouth with an annual direct grant, which we can use

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Community Developement

Community Developement

Community Development Responsibilities CONTACT:  Tracy Shearer, Community Development Director tshearer@portsmouthoh.org Mailing Address: 728 Second St. Portsmouth, OH  45662 Ph: (740) 354-5673 Hours Monday – Friday 8:00 am – 4:30 pm...

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Community Development Block Grant

Community Development Block Grant Overview The Community Development Block Grant (CDBG) program administered by the State of Ohio Department of Development provides Portsmouth with an annual direct grant, which we can use

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Loan Information

Loan Information Amounts The RLF funds must be leveraged with other funds, consisting of either private financing, equity capital, or a combination of the two. The RLF cannot exceed 49%

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Qualifications

Qualifications Overview Before an RLF loan can be requested, the business in consideration must provide written documentation that all other financing alternatives have been exhausted or insufficient rate of return

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