AR (January 18, 2008) – The Arkansas Development Finance Authority (ADFA),
Arkansas’s state housing finance agency, on January 17, approved the allocation
of $467,500 in HOME Investment Partnerships Program (HOME) funds for the Pine
Bluff-Jefferson County EOC.
will be used to construct five homes for low-income homebuyers in White Hall in
the Westchester Village subdivision. The new homes will be approximately 1,535
square foot with sales prices of around $128,000. This is the second project
for Pine Bluff-Jefferson County EOC. In 2002, they were approved for $256,397
in HOME funds and successfully rehabilitated five single-family homes for
The HOME Program makes funds available for the development of affordable housing for low and moderate-income individuals and families, and encourages partnerships among state agencies, local governments, not-for-profit, and for-profit organizations. For more information on the HOME Program, contact Victor Turner, ADFA HOME Program Manager, at (501) 682-5860. For more information on the programs and services offered by ADFA, visit our website at www.arkansas.gov/adfa .
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