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Housing Development Programs

Building Foundations for Stronger Communities

ADFA's housing development programs finance and support affordable housing initiatives in Arkansas. ADFA helps developers construct, rehabilitate, and preserve quality housing for low-income families, seniors, and individuals with special needs. These programs encourage community revitalization and promote long-term affordability.

Low-Income Housing Tax Credit Program

Created to encourage private investment in the development and rehabilitation of affordable rental housing.

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National Housing Trust Fund

NHTF ensures that vulnerable communities have access to stable, high-quality housing options.

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HOME - Federal Program Requirements

Offers flexible funding and resources to support the construction, rehabilitation, and acquisition of affordable housing for low-income individuals and families.

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HOME – New Construction & Acquisition/Rehabilitation

New Construction and Acquisition/Rehabilitation of Multifamily Rental Housing

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HOME-Tenant Based Rental Assistance (TBRA)

Providing rental assistance to subrecipients to provide TBRA to very low-and low-income households

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HOME - Single Family New Construction (SFNC)

Supports the development of affordable single family homebuyer units for low-income households

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HOME - Community Housing Development Organizations (CHDOs)

Developing quality affordable housing throughout Arkansas

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Community Development Block Grant Disaster Recovery (CDBG-DR)

Helping rebuild disaster-impacted areas and funding recovery activities.

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Compliance and Monitoring

The Compliance and Monitoring Division at ADFA plays a crucial role in overseeing and ensuring the adherence to regulations for the agency's Federal Housing Programs.

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Latest News

July 30, 2025 Industry News
Arkansas Development Finance Authority Announces 2025 Affordable Housing Tax Credit Developments

“These federal tax credit awards will produce vital affordable housing needed for hard working families...

July 1, 2025 Legal Notice
Notice of Availability of Emergency Solutions Grant Funding

Arkansas Development Finance Agency, (ADFA)PO Box 8023Little Rock, AR 72203-8023 Contact Person: Pagan Williams, Project...

June 30, 2025 Legal Notice
Notice of Finding of No Significant Impact & Notice of Intent to Request Release of Funds – Walnut Commons

These notices shall satisfy two separate but related procedural requirements for activities to be undertaken...

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Upcoming Events

August 28, 2025
DEVELOPER ORIENTATION TRAINING
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August 28, 2025
Notice of Public Hearing – Single Family Mortgage Revenue Bonds
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