Arkansas Development Finance Authority

ADFA awards $75 million in tax credits to support affordable housing in four Arkansas counties

BY: - August 3, 2023

The Arkansas Development Finance Authority has awarded more than $75 million in federal tax credits for affordable housing developments in Benton, Lonoke, Pulaski and Washington counties.  The federal Low-Income Housing Tax Credits will generate approximately $64 million in equity, according to a press release.  “Developing high-quality and affordable housing is vital for the success of […]