The bill HB90 amends Sections 24-1-22 and 24-1-27 of the Code of Alabama 1975, enhancing the powers and responsibilities of municipal housing authorities. Key insertions include the introduction of the term "MIXED-USE PROJECT," which encompasses developments that integrate housing, commercial, and recreational uses. The bill expands the authority's capabilities to manage housing projects and community facilities, allowing them to engage in planning with government entities, lease properties, and conduct investigations on housing conditions. It also grants authorities the power to create and support for-profit or nonprofit subsidiaries, while clarifying that any business organization not wholly owned by the authority will not have the power of eminent domain.
In addition to these enhancements, the bill makes several deletions to streamline existing language, such as removing specific references to "a" city or government, and clarifying the authority's ability to acquire property and manage financial transactions. The bill validates previous actions taken by authorities regarding the creation of wholly-owned business entities prior to June 1, 2025, and outlines tax exemptions for municipal housing authorities, contingent upon local governing body approval. Overall, the amendments aim to modernize the legal framework governing municipal housing authorities, providing them with greater flexibility and authority to effectively address housing needs and improve living conditions for residents. The act is set to take effect on June 1, 2025.
Statutes affected: Introduced: 24-1-22, 24-1-27
Engrossed: 24-1-22, 24-1-27
Enrolled: 24-1-22, 24-1-27