This is problem 4.64 in Folland. Given the section it is placed in I suppose it requires Arzela-Ascoli but I am unable to apply it accurately.
Let $(X,\rho)$ be a metric space. A fucntion $f: X \to \mathbb{R}$ is called Hölder continuous of exponent $\alpha \gt 0$ if
$$N_{\alpha}(f) := \ sup_{x \neq y} \frac{|f(x) - f(y)|}{\rho(x,y)^{\alpha}} \lt \infty.$$
Observe that a Hölder continuous function is uniformly continuous.
Prove that if $X$ is compact, then the set
$$\{f \in C(X) : \|f\|_{\infty} \le 1, N_{\alpha}(f) \le 100 \}$$
is compact in $C(X)$.
Denote by $$ K := \{f \in C(X) : \|f\|_\infty \le 1, N_\alpha(f) \le 100 \} $$ the set in question. Obviously $K$ is bounded in $C(X)$ (namely by $1$), we will show that it is closed and equi-continuous, hence then it is compact by Arzela-Ascoli.
Therefore, $K$ is compact.