The Arkansas Development Finance Authority (ADFA) announces the availability of Community Development Block Grant – Disaster Recovery (CDBG-DR) funds for housing recovery and resilience activities in areas affected by the 2019 Arkansas River Flood (FEMA DR-4441).
This funding was allocated under Public Law 116-20 and is governed by Federal Register Notice 85 FR 4681 (January 27, 2020). On April 30, 2021, the U.S. Department of Housing and Urban Development (HUD) approved Arkansas’s Action Plan for $8.94 million.
As the lead agency and grantee, ADFA is responsible for administering the 2019 CDBG-DR allocation to address unmet housing needs, with a focus on long-term resilience, affordability, and recovery in the state’s most impacted and distressed (MID) communities.
Program funds and expenditure timeline are dependent on HUD approval and receipt of approval for ADFA’s period of performance extension request.