Arkansas Development Finance Authority

Press Release

For Immediate Release
March 22, 2016
Contact: Public Information Officer Derrick Rose – 501-692-5904

Fayetteville Businessman Seth Mims Named to ADFA Board of Directors

Fayetteville businessman Seth Mims has been appointed to a four year term on the Arkansas Development Finance Authority (ADFA) board of directors.  Mims is president and partner of Specialized Real Estate Group of Fayetteville, AR.  A licensed real estate broker, Mims has been active in Northwest Arkansas real estate since 1994.  An advocate for the Spanish-speaking community, he organized the first League of United Latin America Citizens in Northwest Arkansas.  He served on the Governor’s Multi-Cultural Task Force where he was instrumental in developing the Arkansas Fair Housing Commission and served on a five-person committee that drafted the state’s Fair Housing Law.

About the Arkansas Development Finance Authority

The Arkansas Development Finance Authority is committed to responding to the changing needs of Arkansas’ growing, increasingly diverse population and business community. Since its creation in 1985, ADFA has become the state’s largest source of low-cost financing for low-to-moderate income housing development, small industries, government, education, and healthcare. Through the issuance of taxable and tax-exempt bonds and notes, the administration of private and public grants and partnerships with state and federal agencies, ADFA gives Arkansans the most cost-effective financing choices possible.