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41-23-50
Section 41-23-50 Creation of economic development revolving loan funds; regional planning
and development commissions to disburse moneys; administration; use of funds; interest and
costs. There is hereby appropriated from the State General Fund to the Alabama Department
of Economic and Community Affairs for the 1990-91 fiscal year the sum of $500,000 to be used
to create and establish throughout this state several economic development revolving loan
funds from which the several existing regional planning and development commissions, as defined
in Articles 4 and 5 of Chapter 85 of Title 11, may disperse moneys, from time to time, to
finance local economic development projects. These funds shall be distributed by the Department
of Economic and Community Affairs to qualifying regional planning commissions for disbursement.
The Department of Economic and Community Affairs shall establish such policies and procedures
as may be deemed necessary as to insure accountability of funds in...
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41-23-51
Section 41-23-51 Regional Revolving Loan Policy Committee; duties; membership; length
of terms; meetings. The moneys appropriated to the Alabama Department of Economic and Community
Affairs under the provisions of Section 41-23-50 shall be used to create and establish
economic development revolving loan funds throughout this state, pursuant to rules hereunder
and approved by the Regional Revolving Loan Policy Committee. This committee shall be established
for purposes of reviewing and approving policies and procedures, and to provide general oversight
for this program. This committee shall be composed of the following members: the Director
of the Alabama Department of Economic and Community Affairs, the Director of the Alabama Department
of Commerce, two members of the Senate appointed by the Lieutenant Governor, the Chairperson
of the Senate Economic Affairs Committee, two members of the House appointed by the Speaker
of the House, the Chairperson of the House Commerce and Industrial...
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41-23-61
Section 41-23-61 Definitions. As used in this article, the following words and phrases
shall have the following meanings: (1) ADVISORY COUNCIL. A subcommittee of the committee.
(2) BASE FUNDS. Any money not appropriated pursuant to this article, that is used to match
the state funds. Base funds may be federal, local, private, foundation grants, or money derived
from any other source. (3) COMMITTEE. The Regional Revolving Loan Policy Committee established
by Section 41-23-51. (4) CONTRACTUAL SERVICES. Any services necessary for the implementation
of and the administration of this article. (5) DEPARTMENT. The Alabama Department of Economic
and Community Affairs. (6) INCUBATOR. A multitenanted facility characterized by shared business
services, equipment, space, and access to on-premises business consultants. (7) LEGAL ENTITY.
Any authority, agency, regional planning and development commission, city government, county
government, or subdivisions thereof to which the state may grant funds....
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11-85-109
Section 11-85-109 Administrative and recordkeeping functions of authority. (a) The Alabama
Department of Economic and Community Affairs (ADECA) Planning and Economic Development Division
shall perform the centralized administrative and recordkeeping functions for the authority.
ADECA shall ensure that grantees utilize their allocations of grant monies efficiently and
effectively as revolving loan funds, pursuant to Sections 41-23-50 and 41-23-51. The grantees
shall provide to ADECA all information regarding the disbursements of revolving loan funds,
terms and conditions of the revolving loans that are approved, jobs created, and other information
deemed necessary by the authority to assess the respective revolving loan programs of the
grantees. ADECA shall cause programmatic audits to be conducted on the utilization of revolving
loan funds by grantees upon the request of the authority. ADECA shall recommend to the Regional
Revolving Loan Policy Committee, defined in Section 41-23-51 a...
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38-14-1
Section 38-14-1 Definitions. As used in this chapter, the following terms shall have
the following meanings: (1) DEPARTMENT. The Department of Human Resources. (2) ELIGIBLE INDIVIDUAL
or FAMILY MEMBER. A person whose household income is equal to or less than 80 percent of the
median household income for the state or less than 200 percent of the federal poverty guidelines,
whichever is greater. (3) EMERGENCY. Payments for necessary medical expenses of the account
owner or family member, expenses to avoid the eviction of the account owner from the account
owner's primary residence, and for necessary living expenses following a loss of income (4)
FIDUCIARY ORGANIZATION. Any nonprofit, fund-raising organization that is exempt from taxation
under Section 501(c)(3) of the Internal Revenue Code, as amended; any certified community
development financial institution; any credit union chartered under federal or state law;
or any Indian tribe as defined in Section 4(12) of the Native American...
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41-23-213
Section 41-23-213 Grant program; rulemaking authority; Alabama Broadband Accessibility
Fund. (a) The Director of ADECA may establish and administer the broadband accessibility grant
program for the purpose of promoting the deployment and adoption of broadband Internet access
services to unserved areas. By June 26, 2018, the director shall adopt rules and policies
to administer the program and begin to accept applications for grants, and shall adopt such
rules as may be necessary to meet the future needs of the grant program. (b) The program shall
be administered pursuant to policies developed by ADECA in compliance with this article. The
policies shall provide for the awarding of grants to non-governmental entities that are cooperatives,
corporations, limited liability companies, partnerships, or other private business entities
that provide broadband services. Nothing in this article shall expand the authority under
state law of any entity to provide broadband service. (c) There is...
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41-23-140
Section 41-23-140 Definitions; commission created; composition; staff; duties; annual
report. (a) For the purposes of this article, the term trail means any form of paved or unpaved
trail including freshwater and saltwater paddling trails. The term trail user community includes,
but is not limited to, the following: Paved and unpaved trail users, hikers, bicyclists, users
of off-highway vehicles, paddlers, equestrians, disabled outdoor recreational users, and commercial
recreational interests. (b) There is created within the Alabama Department of Economic and
Community Affairs, the Alabama Trails Commission which shall advance development, interconnection,
and use of trails in this state and as further provided in this article. The commission shall
be composed of the following members: (1) Two members recognized for expertise in trail development,
management, or use, appointed by the Governor and representing the trail user community. (2)
One member recognized for expertise in trail...
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22-30F-4
Section 22-30F-4 Revolving Loan Fund established; maintenance; administration. (a) There
is hereby established the State of Alabama Land Recycling Revolving Loan Fund, which shall
be maintained in perpetuity and operated by the department as agent for the authority for
the purposes stated herein. Grants from the federal government or its agencies allocated,
allotted, or paid to the state for capitalization of the revolving loan fund, grants from
other entities allocated, allotted, or paid to the state for capitalization of the revolving
loan fund, state matching funds where required, and loan principal, interest, and penalties
and interest income and all other amounts at anytime required or permitted to be paid into
the revolving loan fund shall be deposited therein. Proceeds of capitalization grants, funds
appropriated by the state, loan principal and interest payments, interest income, and all
other funds of the authority shall be deposited with one or more banks designated by the...
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41-29-5
Section 41-29-5 Reorganization of department. On the date determined pursuant to Section
41-29-6, the Department of Commerce shall be reorganized into two divisions that shall have
the functions prescribed as follows: (1) The Business Development Division shall be responsible
for all of the functions of the Department of Commerce as it existed before date determined
pursuant to Section 41-29-6, including, but not limited to, small business advocacy;
the functions performed by the Alabama Small Business Commission, created and functioning
pursuant to Section 41-29-240 and international trade. (2) The Workforce Development
Division shall be comprised of the following entities which shall report to the Deputy Secretary
of the division: The Workforce Development Division and Workforce Investment Division of the
Department of Economic and Community Affairs, formerly Chapter 23 of Title 41, the Alabama
Industrial Development and Training Institute, formerly functioning pursuant to Sections...
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24-10-2
Section 24-10-2 Definitions. When used in this chapter, the following words shall have
the following meanings: (1) ADVISORY COMMITTEE. The Alabama Housing Trust Fund Advisory Committee.
(2) ALABAMA DEPARTMENT OF ECONOMIC AND COMMUNITY AFFAIRS (ADECA). As established by Section
41-23-1. (3) ALABAMA HOUSING TRUST FUND. The trust fund created pursuant to Section
24-10-4. (4) SIXTY PERCENT OF MEDIAN FAMILY INCOME. A person or persons living together whose
annual income or incomes do not exceed 60 percent of the median family income of a geographic
area, as determined by the U.S. Department of Housing and Urban Development, with adjustments
for smaller and larger families. (Act 2012-384, p. 1015, ยง2.)...
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