This NOFA is open indefinitely or until all funds are awarded. Written proposals responding to the questions and requests for information in the manner specified in this NOFA should be submitted to the following: nofa@adfa.arkansas.gov To be considered, one (1) copy of the proposal should be delivered to ADFA via email only. ADFA reserves the right to reject any or all proposals.

COMPLIANCE AND MONITORING

Annual Owner Certification due by February 1

Annual Owner Certifications are due by February 1, 2021. The forms and instructions may be found on the Property Managers Portal

Tenant Data Reporting Software For Rental Housing Projects

Rental Housing Projects funded with ADFA Housing Funds must report tenant data through ADFA’s Tenant Data Reporting Software as monthly changes occur. Management agents will be given access to upload and maintain the tenant data.

HOUSING REGULATIONS

2020-2021 CAPER

2021 Annual Action Plan

Substantial Amendment to the Arkansas State Consolidated Plan and the 2016 Annual Action Plan

"DRAFT" of the Substantial Amendment to the Arkansas State Consolidated Plan and the 2016 Annual Action Plan for the State of Arkansas, administration of the National Housing Trust Fund. The State of Arkansas has received notice that it will receive $3,000,000 in National Housing Trust Fund grant funds from the U.S. Department of Housing and Urban Development for the 2016 Grant Year. These funds will be administered by the Arkansas Development Finance Authority.

State of Arkansas 2015 - 2019 Consolidated Plan

2019 Annual Update to the Consolidated Plan

July 1, 2019 - June 30, 2020

Consolidated Plan Annual Performance and Evaluation Report (CAPER)

Reporting Period July 1, 2013 through June 30, 2014

ADFA Suspension Policy

CAPITAL ACCESS PROGRAM

Capital Access Program Enrollment Form

Borrower’s Representations

Notice to Borrower

Claim Filing Form

ENTREPRENEUR FEE WAIVER PILOT PROGRAM

Entrepreneur Fee Waiver Pilot Program Application

ADFA supplies applications for the Entrepreneur Fee Waiver Pilot Program created under Act 857 of 2017 at the request of the Arkansas General Assembly. Download the attached fillable PDF for more information.

ARKANSAS VENTURE CAPITAL PROGRAMS

Arkansas Venture Development Fund Application - Fillable

Arkansas Venture Capital Development Fund Arkansas-Based Technology Company Application - Fillable

REQUESTS FOR PROPOSALS

REQUEST FOR PROPOSALS FROM CERTIFIED PUBLIC ACCOUNTING FIRMS TO SERVE AS INDEPENDENT AUDITOR

REQUEST FOR PROPOSALS FROM UNDERWRITERS FOR SINGLE FAMILY HOME OWNERSHIP REVENUE BONDS

REQUEST FOR PROPOSALS FROM BOND COUNSEL FOR SINGLE FAMILY HOUSING BOND PROGRAM

ADFA PROFESSIONAL SELECTION POLICY

GUIDELINES FOR REFUNDING PROPOSAL SUBMISSIONS

GUIDELINES FOR STATEMENT OF QUALIFICATIONS FROM UNDERWRITER

GUIDELINES FOR STATEMENT OF QUALIFICATIONS FROM TRUSTEE

GUIDELINES FOR STATEMENT OF QUALIFICATIONS FROM BOND COUNSEL

REQUEST FOR PROPOSALS ARCHIVE

ADFA RFP FOR PROPOSALS FROM BOND COUNSEL FOR DEPARTMENT OF COMMERCE (DOC) BUILDING PROJECT +/- $32,000,000

ADFA RFP FROM BOND AND PROGRAM COUNSEL FOR ARKANSAS NATURAL RESOURCE COMMISSION STATE REVOLVING FUNDS

ADFA RFP FOR PROPOSALS FOR MULTIFAMILY HOUSING LIHTC UNDERWRITER/ ANALYST

REQUEST FOR PROPOSALS FOR TBA MORTGAGE FACILITATOR FOR SINGLE FAMILY HOUSING CONTINUOUS LENDING MORTGAGE BACKED SECURITIES PROGRAM

REQUEST FOR PROPOSALS TO PROVIDE MARKET ANALYST SERVICES

The Arkansas Development Finance Authority (“ADFA” or the “Authority”) is charged with the responsibility of administering federal low-income housing tax credits (“Housing Credits”) for the State of Arkansas (the “State”). ADFA is also charged with the responsibility of promulgating rules and regulations concerning the allocation of the Arkansas low-income housing tax credit (the “State Housing Credits”) pursuant to Ark. Code Ann. § 26-51-1701 et seq. The Tax Reform Act of 1986 created the Housing Credit to encourage the private sector to invest in the construction and rehabilitation of housing for low and moderate-income individuals and families. Section 42 of the Internal Revenue Code of 1986, as amended (“IRC” or the “Code”), mandates that housing credit agencies adopt a Qualified Allocation Plan (“QAP”) for allocation of the Housing Credit to low-income rental developments throughout their respective states. Low-income housing tax credits shall be allocated in accordance with this plan or any amendments thereto. Part of the QAP addresses the need for an Independent Market Study when dealing with rehabilitation developments and tax-exempt bonds. The requirement for an independent market study is detailed in the 2019 QAP, Section I(C)(6) and I.R.C. Section 42(m)(1)(A)(iii). ADFA would like to solicit proposals from qualified firms to provide the described market studies. Any firm selected pursuant to this RFP shall serve at the pleasure of ADFA, and the professional services of any firm selected may be terminated at the sole discretion of ADFA upon delivery of written notice of such termination to the firm. ADFA reserves the right to select one or more firms to serve as the market study provider. Any firm selected pursuant to this RFP shall serve at the pleasure of ADFA, and the professional services of any firm selected may be terminated at the sole discretion of ADFA upon delivery of written notice of such termination to the firm.

RFP FROM UNDERWRITER FOR ECONOMIC DEVELOPMENT REVENUE BOND POOL +/- $7,395,000

The Arkansas Development Finance Authority (ADFA) is requesting proposals from investment banking firms to serve as senior underwriter for the financing of the Authority's Economic Development Revenue Bond Program. Bonds issued by ADFA will be guaranteed by the ADFA Bond Guaranty Program or the Arkansas Economic Development Commission (AEDC) Bond Guaranty Program.