Required items
| Required item | Where required |
|---|---|
| Site photographs: labeled photos, placed where referenced; N/S/E/W orientations; color | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §II.A, p. 2; also §II: "All photographs should be labeled and placed in the section of the market study where referenced." |
| Area services table and map: grocery stores, medical and/or pharmaceutical facilities, schools, public transportation, other service facilities | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §II.D.ii (map of services), p. 2; §V.B driving-distance map adds "closest full-service grocery store (do not include convenience stores);" (p. 3) |
| Public transit: public transportation shown on the driving-distance map | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §V.B.vi, p. 3 |
| At-place employment history, 7 years | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §VI Market Area Economy, item D, p. 4 |
| Unemployment history, 7 years | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §VI Market Area Economy, item E, p. 4 |
| Major employers: major current employers with workforce numbers and anticipated incomes; plus documented major new employers | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §VI.B, p. 3 |
| Recent or planned employer expansions and reductions | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §VI.B, p. 3 |
| Wages by occupation or industry | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §VI.B, p. 3 |
| Census-tract exhibits: census tract number of site; census tracts comprising the PMA | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §V.A, p. 3; §III.A requires the "census tract number." (p. 2) |
| Study within 6 months of the application | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, p. 1, certification letter item 4; also 2026 QAP/MFHA Guidelines §I.C.6 'Independent Market Study', p. 11: "dated within six (6) months prior to the Application Deadline/Submission." |
| Submission format: required | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §I.A, p. 1 |
| Source listed at each table | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §XI Appendix, p. 9; §VII: "must reference by footnote and appendix the national proprietary data provider" (p. 4) |
| Analyst: ADFA approved list + signed certification letter (confirm before submission) | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §XIV, p. 10; p. 1: "All market studies must include a letter, signed by the market analyst, certifying to the following:" |
| Other exhibit: Driving distance map of the Market Area | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §V.B, p. 3 |
| Other exhibit: Topography/flood plain description (narrative, no map required) | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §V.C.i, p. 3 |
| Other exhibit: Tabbed Appendix with source pages | Arkansas Development Finance Authority — Market Study Guidelines (standalone); supplemented by 2026 Qualified Allocation Plan / Multifamily Housing Application Guidelines (2026 MFHA) — Market Study Guidelines, §XI, p. 9 |
LIHTC market study requirements in Arkansas → — staleness window, capture-rate threshold, QAP link and the full section list.
Export a Front End in the ADFA format
StudyScribe's Format for selector reorders the Market Data sections to this agency's order, uses its headings, and prints this checklist as the last page with each item marked present or missing — from BLS, Census, FBI and the other official sources, nothing estimated.
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This checklist restates Arkansas Development Finance Authority (ADFA)'s published market study guidance as understood by StudyScribe on the date above; it is not legal or compliance advice. Confirm against the current guideline linked at the top before submitting.