CONTRACTONGOING

Mercy Housing joins Ford Avenue Flats joint venture

Arkansas Development Finance Authority logoArkansas Development Finance Authority
Document date
Apr 16, 2026

The 30-second brief

What it covers

Mercy Housing Mountain Plains will serve as 60 percent owner and co‑developer in the MHMP 23 Ford Avenue Flats LLLP joint venture for the Ford Avenue Flats affordable housing project in Springdale, which is being financed by ADFA. The nonprofit will provide development expertise and guarantees alongside CDC of Bentonville.

Who holds it

Mercy Housing Mountain Plains holds this contract with Arkansas Development Finance Authority. Its other public contracts on record include work for Pima County and City of Glendale.

What happens next

Term as filed: Development and ownership role in Ford Avenue Flats project; 60% ownership stake in the joint venture sponsor.

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Contract details

Document date
April 16, 2026
Term
Development and ownership role in Ford Avenue Flats project; 60% ownership stake in the joint venture sponsor
Source document
Arkansas Development Finance Authority Board Committee Meeting Agenda Packet 2026-04-16 (AgendaPacket)

Mercy Housing Mountain Plains's other public contracts

More Arkansas Development Finance Authority contracts

Questions about this contract

Who was awarded the government contract by Arkansas Development Finance Authority?

Mercy Housing Mountain Plains was awarded this government contract by Arkansas Development Finance Authority, as recorded on April 16, 2026.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Arkansas Development Finance Authority Board Committee Meeting Agenda Packet 2026-04-16 (AgendaPacket), dated April 16, 2026 from Arkansas Development Finance Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Mercy Housing Mountain Plains hold?

Mercy Housing Mountain Plains may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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