ASB Community Development Corp

Portsmouth OH


The Allocatee will serve five counties in the Appalachian Region of southern Ohio: Adams County, Jackson County, Lawrence County, Pike County and Scioto County. An estimated 45% of its activities will be targeted to rural areas, 40% will be targeted to suburban areas, and 15% will be targeted to urban areas.

CDFI Awards for ASB Community Development Corp


NMTC (2002) - $2,000,000

The Allocatee will utilize its NMTC allocation to make loans to businesses that locate or expand into the low-income communities served by the bank"s parent company. The Allocatee anticipates that the NMTC allocation will enable it to offer loan products to its borrowers at discounted rates.



Other Community Development Financial Institutions in Ohio





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