The bill HB406 Engrossed amends Sections 24-1-61 and 24-1-66 of the Code of Alabama 1975 to enhance the powers and definitions related to county housing authorities. Key insertions include the definition of "mixed-use project" as a development that combines various uses, such as housing and retail, within a shared space. The bill updates definitions for terms like "authority," "county," "government," and "persons of low income" to align with contemporary language and practices. It also ratifies actions taken by county housing authorities prior to the bill's enactment and introduces tax exemptions for certain activities, contingent upon local governing body approval.
Additionally, the bill expands the powers of county housing authorities, allowing them to manage housing projects, act on behalf of the federal government, and engage in agreements with other governmental entities. It streamlines existing language by deleting specific references to "person, firm, corporation, city, county," replacing them with broader terms like "entity," and clarifies the authority's ability to borrow money and secure debts. The bill emphasizes compliance with Title 39 when using public funds and establishes criteria for corporate agents formed by the authority. Overall, the amendments aim to modernize the legal framework governing county housing authorities, enhancing their operational flexibility to effectively address housing needs.
Statutes affected: Introduced: 24-1-61, 24-1-66
Engrossed: 24-1-61, 24-1-66