Katelyn Busby of Monticello has been appointed by Gov. Asa Hutchinson to the Board of Directors for the Arkansas Development and Finance Authority (ADFA).

Busby is a practicing attorney in Arkansas and is currently an associate at The Hashem Law Firm of Monticello. She is pictured above, second from left, along with other new ADFA directors, Tom Spillyards, Larry Tate and Stephanie Ellis.

The Arkansas Development Finance Authority is a self-supporting entity committed to responding to the changing needs of Arkansas’s increasingly diverse population and business communities. 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, the administration of private and public grants, and partnerships with state and federal agencies, ADFA provides Arkansans with cost-effective financing choices to promote home ownership and meet the affordable housing needs of the state.