Ar Development Finance Auth

ADFA, established in 1985, has been responding to the evolving needs of Arkansas' diverse population and business community. As the state's largest source of low-cost financing, ADFA provides funding for housing development, small industries, government, education, public facilities, and healthcare. The organization administers funding through tax exempt bonds and other debt instruments, with a focus on Development Finance and Affordable Housing Development. Additionally, ADFA's Finance and Administration division manages asset-liability, accounting, and office administration. Through its Homeownership Programs, ADFA offers low-interest rate mortgage loans, down payment and closing costs assistance, and the ADFA MCC - Mortgage Credit Certificate Program to make homeownership more accessible for low-to-moderate income families and individuals.