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Arkansas Development Finance Authority
423 Main Street, Suite 500

P.O. Box 8023
Little Rock, AR 72203-8023


Mac Dodson, President


ADFA to Hold
Regional Housing Workshops

The Arkansas Development Finance Authority (ADFA) is preparing to hold a series of housing workshops across the state of Arkansas. These workshops are an opportunity for interested persons to learn more about ADFAs housing programs and even receive technical assistance.

Quality of life for most Arkansans revolves around the home. Attempting to meet the ever-increasing demand for affordable housing is a challenge that is as important to Arkansas as a healthy diversified economy and full employment.

Attendees can choose from the following four workshops:

Single Family "HomeToOwn" Loan Program:  "Arkansas Lending for 1st time homebuyers"

Compliance Monitoring:  "Dotting all the "is" and crossing all the "ts"

Low-Income Housing Tax Credit Trends & Issues:  "Prescription for Success"

HOME Program:  "Building Communities one HOME at a Time"

Meetings begin at 8 a.m. and end at approximately 5 p.m. The following is a list of the dates and locations.

September 11:     U of A Community College, Hope, AR
2500 South Main Street, Student Center
Rooms 1,2&3

September 16:      Arkansas State University, Jonesboro, AR
Convocation Center, 217 Olympic, Drive
                                        Meeting Rooms A, B, & C

September 23:     Uof A Monticello, Monticello, AR
514 University Ave.
                                       Caucus Rm, Capitol Rm, & Library Conference A

September 25:     Philandersmith College, Little Rock, AR
                                      One Trudie Kibbe Reed Dr
                                      Rooms: TBA

September 30:     The Jones Center for Families, Springdale, AR
                                      922 East Emma Avenue
                                      Room 222, The Dallas Room

To attend, you must be registered for the event, but there is no registration fee for the workshop and all activities are open to the public.
For more information regarding location or if you would like to register, contact Mary Jane Fisher (501) 682-5482 or e-mail: <>.

Board Actions
( May and June meetings)

ADFA Board of Directors took the following actions during its May and June 2003 board meeting.

  • Approved the issuance of $15 million in Solid Waste Disposal Revenue Bonds for Waste Management of Arkansas, Inc. Projects will be located in Springdale, Tontitown, Russelleville, Harrison, Pine Bluff, Van Buren, Little Rock, North Little Rock and Centerville
  • Approved the issuance of $5.8 million in Revenue Bonds for Winrock International Institute for Agricultural Development to be located in Little Rock.
  • Approved the issuance of $2.2 million in Tourism Development Bonds for Magic Springs located in Hot Springs.
  • Approved $330,000 in HOME Program funds for five homeowner reconstruction projects located in Jennette.
  • Approved $271,425 in HOME Program funds for five rehabilitation/reconstruction projects in Osceola.
  • Established with the ADEQ, the Arkansas Brownfields Revolving Loan Fund to help and encourage borrowers to redevelop contaminated sites located within the state of Arkansas with low-interest financial assistance. Funds will be used for cleanup and cleanup-related activities.