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from Rush B. Deacon, President |
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October 2000
ADFA SINGLED OUT FOR NATIONAL AWARD
The Arkansas Development Finance Authority (ADFA) was presented with an award for "Significant Achievement" during the National Council of State Housing Agencies (NCSHA) annual conference held on September 25, in San Francisco, CA.
ADFA’s Internet Reservation System received the award for Significant Achievement in the Management Innovation: Financial and Operations Management category. ADFA was the first state housing finance agency in the country to develop and adopt an Internet-accessed loan reservation system for lenders making mortgage revenue bond loans. For the first time, lenders could submit loan applications, receive tracking numbers, track files, print ADFA exhibits and receive program information and changes over the Internet virtually around the clock.
To be honored by our peers on a national basis is a tribute to the high level of outstanding work consistently being performed by ADFA employees on a daily basis. I am proud of our staff and you should be as well.
Board actions
(September meeting)
ADFA Board of Directors approved the following actions during its September board meeting:
Approved the following professionals for the 2001 and 2002 ADFA Single Family Mortgage Revenue Bond Program:
The law firms of Williams & Anderson/Hawkins, Delafield &Wood as bond counsel
The team of Salomon Smith Barney/Stephens Inc. as senior managing underwriter.
ADFA Employee Spotlight
Susan Cleaves began working for ADFA in March of 2000. She is an administrative assistant to Sara Moore, Vice President of Housing and also works closely with ADFA’s HOME Program staff. In addition to word processing, answering phones and other traditional administrative duties, Susan is responsible for scheduling inspections across the state for HOME Program compliance and organizing HOME Program workshops. She also logs in all applications for HOME Program funds and works on Community Housing Development Organization (CHDO) approvals and denials.
Susan not only has a gift for organization inside the office but also outside the office. She is quite proud of her back yard where she maintains a large tri-level flower garden.
