Code of Arkansas Rules — Title 15 (Natural Resources and Economic Development): Arkansas Development Finance Authority Rules (Parts 85, 86, 91, 93, 94; 45 sections)
Arkansas Development Finance Authority (ADFA) rules in five parts. Part 85 — Housing Tax Credit Program Qualified Allocation Plan (1 section): § 85-107 Compliance. Part 86 — Compliance Monitoring Policies and Procedures Manual for the Low-Income Housing Tax Credit Program (38 sections): § 86-101 Definitions; § 86-107 Responsibilities of owners; § 86-201 Reviews; § 86-203 Fair housing; § 86-204 Tenant files; § 86-205 Uniform Physical Conditions Standards and/or Arkansas Development Finance Authority-approved design standards; § 86-301 Minimum set-aside; § 86-302 Income limits; § 86-303 Maximum gross rents; § 86-304 Fees; § 86-305 Rent subsidies; § 86-306 Section 8 rental assistance; § 86-307 United States Department of Agriculture Rural Development overage; § 86-308 Utility allowances; § 86-309 Vacant unit rule; § 86-310 Next available unit rule; § 86-311 Relocating existing tenants; § 86-313 Nontransient occupancy; § 86-314 General public — Fair housing — Section 504 — Americans with Disabilities Act; § 86-315 Section 8 housing choice vouchers; § 86-316 Suitability of unit; § 86-317 Students; § 86-401 Determining tenant eligibility generally; § 86-402 Household size and income limits; § 86-403 Gross annual income; § 86-404 Assets; § 86-405 Tenant application process; § 86-406 Tenant income verification; § 86-407 Tenant Income Certification (TIC); § 86-408 Waiting lists; § 86-409 The lease; § 86-410 Recertification; § 86-411 Recertification exception for 100% LIHTC properties; § 86-412 Acquisitions or rehabilitations; § 86-413 Qualifying Section 8 tenants; § 86-414 Defining elderly housing; § 86-902 Combining low-income housing tax credits with HOME funds; § 86-903 Tax-exempt bonds. Part 91 — National Housing Trust Fund Operations Manual (2 sections): § 91-105 Eligible recipients; § 91-111 Compliance with national Housing Trust Fund regulations. Part 93 — Arkansas Housing Trust Fund Program Rules (1 section): § 93-113 Affordable rents. Part 94 — Finance Adjustment Factor and Below Market Interest Rate Program Policies (3 sections): § 94-103 Underwriting requirements; § 94-109 Land use restriction agreement; § 94-110 Compliance.