Arkansas Programs

Government Grants & Incentives for Real Estate Investors in Little Rock

Little Rock offers affordable real estate combined with Arkansas Development Finance Authority's LIHTC program and local reinvestment incentives. The city's Creative Corridor is driving new housing demand in downtown areas.

12 designated tracts
Opportunity Zones
$958
Section 8 (2-BR)
LIHTC
Tax Credits Available
4
Local Programs

State Housing Finance Agency

Arkansas Development Finance Authority (ADFA)

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Public Housing Authority

Metropolitan Housing Alliance (Little Rock)

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Local Programs

Little Rock Government Incentive Programs

These programs are available specifically to investors and developers in the Little Rock, AR market.

ADFA LIHTC Program

Arkansas allocates LIHTC credits through ADFA, with Little Rock receiving allocation for affordable development.

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Little Rock Creative Corridor

Downtown revitalization initiative supporting mixed-use and housing development along Main Street corridor.

Pulaski County CDBG/HOME

Federal community development funds for affordable housing and neighborhood improvement.

Arkansas Historic Tax Credits

State historic rehabilitation tax credit for qualifying properties in Little Rock's historic districts.

LIHTC Tax Credits in Arkansas

Low-Income Housing Tax Credits are the largest source of affordable housing financing in the U.S. In Arkansas, credits are allocated by ADFA.

How LIHTC Works

  • Dollar-for-dollar federal tax credit over 10 years
  • 9% competitive credits for new construction
  • 4% credits paired with tax-exempt bonds
  • 15-year compliance period for affordable rents

Arkansas Allocator

Credits are allocated by ADFA through their Qualified Allocation Plan (QAP), which outlines scoring criteria and priorities.

View ADFA LIHTC Program
Investor Tips

Why Invest in Little Rock?

Very affordable acquisition costs in a state capital market

Creative Corridor driving appreciation in downtown areas

12 Opportunity Zones with revitalization potential

Less competition for LIHTC credits compared to larger states

Finance Government-Incentivized Properties in Little Rock

FundNow Capital provides DSCR loans, bridge financing, and portfolio loans that complement government incentive programs in Little Rock.

DSCR Loans

Qualify using Section 8 rental income — government-backed rents strengthen your DSCR ratio.

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Bridge Loans

Short-term financing to acquire and stabilize properties before permanent LIHTC or agency financing.

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Portfolio Loans

Finance multiple properties in Little Rock's Opportunity Zones under a single loan structure.

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Frequently Asked Questions

Get Financing for Investment Properties in Little Rock

Tell us about your Little Rock investment plans. We'll match you with the best financing options within 24 hours.

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