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"To develop more affordable housing in the underserved areas of Arkansas, we must create a partnership between individuals and the public and private sectors...the public sector must create opportunities for individuals to expand their knowledge of way to access affordable housing and to help to expand the availability of affordable housing."

- Senator Blanche Lincoln, 2005

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CURRENT ACTION ALERTS

Governor Beebe Signs SB396: Your support will needed

On March 30, 2009, Governor Beebe signed SB396 into law that allowed for the creation of a state housing trust fund. This law is known as Act 661.This authorizing legislation represents a key first step toward making affordable housing a reality for more Arkansans. The next significant step is to secure a source of revenue for the Arkansas State Housing Trust Fund. The coalition will be seeking a permanent dedicated revenue source for the Trust Fund in the next legislative session. In the meantime, the coalition hopes to obtain a “start-up” source of funding for the Trust Fund for 2009-2010 in the range of $2 million to $3 million. This amount will support the process to establish the rules and regulations for the Trust Fund and will fund a few initial projects.

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