The Arkansas Housing Trust Fund Advisory Committee will hold meetings that are open to the public on site at ADFA or by conference call. See ADFA calendar for future meetings.
The Arkansas Housing Trust Fund was established via Act 661 in 2009 by the Arkansas Legislature to:
- Provide a flexible source of funds for communities to address their affordable housing needs;
- Help families attain economic stability;
- Revitalize distressed neighborhoods and build healthy, vibrant communities by developing high-quality affordable housing;
- Leverage additional private investment in Arkansas communities;
- Contribute to economic growth through increased housing production, employment, and tax revenues, thereby benefitting all the citizens of the state;
- Alleviate deficiencies in the supply of safe, accessible, and affordable housing for the citizens of the state most likely, because of low incomes, to suffer from these deficiencies, including without limitation persons who are homeless, disabled, elderly, or victims of domestic violence; and
- Alleviate deficiencies in the supply of safe, accessible, and affordable housing for the citizens of the state living in rural areas.
The fund supports projects and activities that assist persons at or below eighty percent (80%) of the area median income. Committee members represent diverse areas of interest and are appointed by the Governor, the Speaker of the House, and the Senate President Pro Tempore according to terms outlined in Act 661 of 2009. The Advisory Committee advises the ADFA Board of Directors concerning matters relating to the Arkansas Housing Trust Fund.
The press and the public are invited to attend any meetings of the Arkansas Housing Trust Fund Advisory Committee.