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Development Finance Programs

The Development Finance Division at ADFA offers a diverse range of programs. These initiatives support small businesses, facilitate industrial development, and promote access to capital, fostering economic growth and innovation across Arkansas.

AR Small Business Revolving Loan Guaranty

Supporting Small Businesses by Offering Loan Guarantees

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Industrial Development Bond Guaranty Program

Access A+ Rated Financing

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Capital Access Program

Unlock Funds for Business Growth

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Arkansas Venture Capital Development Fund

Matching Investments in Arkansas Companies

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Arkansas Venture Development Fund

Matching Investments in Private Equity and Venture Capital Funds

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State Small Business Credit Initiative

Matching Funds for Venture Capital & Small Business

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Latest News

December 5, 2025 Legal Notice
Notice of Availability of HOME-ARP Non-Congregate Shelter (NCS)Funding 

HOME-ARP Non-Congregate Funding $6,382,683.00 to acquire, rehabilitate, or construct NCS housing units to serve individuals...

December 4, 2025 Industry News
Robert “Ro” Arrington Appointed President of Arkansas Development Finance Authority

LITTLE ROCK, AR – The Arkansas Development Finance Authority (ADFA) Board of Directors today selected...

November 25, 2025 Uncategorized
REQUEST FOR PROPOSALS – Administration and Implementation of the Single-Family New Construction Program Community Development Block Grant – Disaster Recovery (CDBG-DR 2025)

The Arkansas Development Finance Authority (ADFA) is seeking proposals from qualified firms toadminister and oversee...

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Upcoming Events

January 15, 2026
ADFA Board Meeting
Event Details
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