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Contact:          Derrick Rose                                     Date:  June 21, 2007

                        501-682-5900                                      Release:  Immediately



Public Invited to Comment on 2007 Housing Program Changes


The Arkansas Development Finance Authority will conduct a “Housing Forum” to discuss proposed changes to its 2007 Housing Policies and Procedures.  The Forum will be held on Wednesday, June 27, 2007, at 1:30 p.m. in the UALR Cooperative Extension Service Building, 2301 S. University Avenue, Little Rock, Arkansas. 


The following proposed changes will be discussed:


·        The Low Income Housing Tax Credit Program’s Qualified Allocation Plan

·        Guidelines for Allocating Tax-Exempt Multi-Family Volume Cap

·        HOME Investment Partnership Program

·        Compliance and Monitoring Policies & Procedures Manual

·        Multi-Family Housing Application

·        HomeToOwn Single Family Mortgage Revenue Bond Program


A full description of all proposed changes may be viewed on ADFA’s web site at  Written comments to the proposed changes will be accepted through July 5, 2007, and can be mailed to ADFA, P.O. Box 8023, Little Rock, AR 72203, Attention Peggy D’Agostino; faxed to 501-682-5859; or e-mailed to



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