Fort Chaffee Authority Sees Property Sales Drop as Spending Fluctuates

October 26, 2026 - 19:51

The Fort Chaffee Redevelopment Authority reported declining property-sale revenue between 2021 and 2025, while expenditures fluctuated significantly as the authority continued redevelopment and infrastructure projects at Chaffee Crossing.

Financial records show property sales brought in less money over the five-year period, a trend that could affect how the authority funds future work. The drop in revenue comes as the redevelopment effort at Chaffee Crossing moves into a different phase, with less undeveloped land available for sale than in earlier years.

Spending by the authority rose and fell during the same period, reflecting the timing of major capital projects and infrastructure work. Those projects include road construction, utility upgrades and site preparation needed to support new development at the former military base.

The authority has relied on land sales to pay for operations and public improvements. A sustained decline in sales revenue could push the board to adjust its budget, delay some projects or look for other funding sources.

Officials have not announced specific changes to the authority's plans. The financial picture will likely shape discussions as the board prepares its next budget and sets priorities for the remaining acreage at Chaffee Crossing.