The bill, HB90, amends Sections 24-1-22 and 24-1-27 of the Code of Alabama 1975, enhancing the powers of municipal housing authorities and introducing specific tax exemptions for public housing authorities under certain conditions. Key insertions include the definition of "MIXED-USE PROJECT," which encompasses developments that integrate housing, office, and retail spaces. The bill also updates terminology for clarity, replacing "city or incorporated town" with "municipality," and broadens the authority's ability to collaborate with various governmental entities for planning and managing public spaces. Additionally, it allows for the leasing or renting of community facilities alongside housing projects, reflecting a more inclusive approach to property management.

Further amendments grant municipal housing authorities expanded powers, including the ability to make loans to business organizations, appoint individuals to governing bodies, and enter into contracts for operational activities. The bill also outlines tax exemptions for municipal housing authorities, including state taxes and certain local taxes, contingent upon local governing body approval. It validates actions taken by business entities wholly owned by the authority prior to June 1, 2025, and is set to take effect on that date. Overall, HB90 aims to empower housing authorities with greater operational flexibility and collaborative opportunities to enhance community development and housing initiatives.

Statutes affected:
Introduced: 24-1-22, 24-1-27
Engrossed: 24-1-22, 24-1-27
Enrolled: 24-1-22, 24-1-27