Arkansas Development Finance
The Arkansas Development Finance Authority (ADFA) operates under the Arkansas Department of Commerce, providing a variety of financing options aimed at enhancing economic growth and community development within the state. ADFA administers programs that support affordable housing, homeownership initiatives, and small business financing, ensuring access to essential resources for low-to-moderate income families and individuals.
With a focus on housing development, the ADFA facilitates the construction and preservation of affordable housing, while also offering private student loans to assist families with higher education funding. Additionally, the organization oversees public finance efforts, including the issuance of bonds to support state agency infrastructure and nonprofit organizations in Arkansas.
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