As contained in Arkansas Code § 15-5-1708(c) of the Arkansas Housing Trust Fund Act of 2009, Arkansas Code § 15-5-1701 et seq., eligible applicants of assistance from the Arkansas Housing Trust Fund shall include, without limitation or priority, the following:

1. (1) Local governments;
2. (2) Public housing authorities, public housing agencies, and public housing facilities boards;
3. (3) Nonprofit organizations (must have Internal Revenue Service 501(c)(3) designation);
4. (4) Nonprofit housing developers; and
5. (5) For-profit housing developers.