Arkansas Development Finance Authority - aVenture Government Agency Research
Arkansas Development Finance Authority
Operating Status: Operating
ADFA, established in 1985, finances affordable housing and business development projects as a public body.
Founded
1985
Location
Little Rock, AR, US
The Arkansas Development Finance Authority (ADFA) is a public body focused on financing affordable housing and business development projects in Arkansas. ADFA provides funding for various initiatives, including affordable rental housing development, homeownership programs, and business financing options. The authority supports the construction and preservation of affordable housing while also assisting business owners with financial resources.
ADFA's portfolio includes investments in diverse sectors such as biotechnology, recycling, e-commerce, and manufacturing. Notable portfolio companies include Ascendant Dx, BlueOak Resources, and Pacific GeneTech. The authority's investment approach spans various stages, from pre-seed to post-IPO debt, demonstrating its commitment to supporting businesses at different growth phases throughout Arkansas.