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24-10-6
Section 24-10-6 Purpose. The Alabama Affordable Housing Act is established for the following
purposes: (1) To increase the production of housing units and home ownership and to preserve
the supply of rental housing that is affordable to individuals and families with incomes at
or below 60 percent of the median family income. (2) To maintain and rehabilitate existing
affordable housing units to insure their continued availability to individuals and families
with incomes at or below 60 percent of the median family income. (3) To serve individuals
and families living at or below 60 percent of the median family income. No less than 50 percent
of the resources placed into the fund each year shall be used to serve individuals and families
with household incomes at or below 30 percent of the median family income as determined by
the U.S. Department of Housing and Urban Development. (4) To annually distribute, when possible,
a majority of the proceeds from the trust fund to eligible nonprofit...
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24-10-4
Section 24-10-4 Alabama Affordable Housing Trust Fund. The Alabama Affordable Housing Trust
Fund is created in the State Treasury for the collection and distribution of designated funds
for the purpose of increasing the production of housing units, rehabilitating existing housing
units, and maintaining such housing so that it can be made affordable to individuals and families
whose incomes are at or below 60 percent of the median family income. The Alabama Housing
Trust Fund shall be administered by ADECA which shall appoint an advisory committee as prescribed
in Section 24-10-8 to advise the Director of ADECA as to program components and operations.
(Act 2012-384, p. 1015, §4.)...
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24-10-7
Section 24-10-7 Requirements for eligibility. (a) In order for a proposal to be an activity
eligible for support, the following minimum requirements must be met: (1) Beneficiaries of
the activity must be individuals or families 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. (2) Housing
to be funded must meet minimum housing quality standards set forth by the U.S. Department
of Housing and Urban Development. (3) Housing to be funded must comply with the design standards
of the Americans with Disabilities Act. (4) Housing to be funded must meet the same requirements
for duration of affordability as set forth in the rules of ADECA for its HOME Investment Partnership
Program, with priority given to housing that is to be affordable in perpetuity. (b) Activities
to be funded by the Alabama Housing Trust Fund shall...
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24-10-8
Section 24-10-8 Alabama Housing Trust Fund Advisory Committee - Composition; expenses; staff.
(a) There is created the Alabama Housing Trust Fund Advisory Committee for the purpose of
advising the Director of ADECA and staff of the department with respect to the Alabama Housing
Trust Fund. (b) The membership of the advisory committee shall be inclusive and reflect the
racial, gender, geographic, urban/rural and economic diversity of the state. The advisory
committee shall annually report to the Legislature by the second legislative day of each regular
session the extent to which the advisory committee has complied with the diversity provisions
provided for in this chapter. (c) Each member of the advisory committee should have a demonstrated
interest in the housing needs of individuals and families with extremely low incomes to incomes
at 60 percent of median family income and the revitalization of distressed neighborhoods.
(d) The advisory committee shall consist of 16 members and...
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24-10-3
Section 24-10-3 Legislative findings. (a) It is hereby found and declared that Alabama is in
need of more safe, decent, and affordable housing for residents with incomes at or below 60
percent of the median family income. (b) It is further declared that the lack of affordable
housing in Alabama adversely affects a community's ability to develop and maintain a viable
and stable economy. The establishment of the Alabama Housing Trust Fund is intended to: (1)
Provide a flexible source of funding for all Alabama communities to address their affordable
housing needs. (2) Help families attain economic stability. (3) Revitalize blighted and distressed
neighborhoods by creating safe, decent, and affordable housing. (4) Contribute to economic
growth through increased housing production, employment, and tax revenue, thereby benefiting
all Alabama residents. (5) Alleviate deficiencies in the supply of safe, decent, and affordable
housing for residents with incomes at or below 60 percent of the...
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24-10-9
Section 24-10-9 Alabama Housing Trust Fund Advisory Committee - Responsibilities. The committee's
responsibilities shall include the following: (1) Review and advise ADECA staff on all policies
and procedures for operation of the Alabama Housing Trust Fund including, but not limited
to: a. Development of a process for making awards from the trust fund. b. Development of policies
and rules for operating the trust fund including priorities for making awards and criteria
for evaluating applications, and delineation of all compliance and reporting responsibility
of fund recipients. (2) Review and advise ADECA staff on the collection and presentation of
data on the use and impact of the trust fund and the preparation of an annual performance
report to be submitted to the Legislature, Governor, and the public. (3) Pursue additional
sources of revenue in addition to that prescribed by this chapter. (4) Ensure that the dedicated
resources alleviate the housing crisis for Alabamians by...
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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, §2.)...
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41-23-101
Section 41-23-101 Eligible recipients; assistance funds provided by Director of Department
of Economic and Community Affairs; administrative costs; reports. (a) Eligible recipients
of assistance are individuals who have a household income at or below 125 percent of the poverty
level or individuals who are 60 years of age or older or handicapped and families with children
under 18 years of age as determined by the United States Office of Management and Budget and
reported in the federal register. (b) Beginning July 1, 1996, the Director of the Department
of Economic and Community Affairs shall provide assistance funds to designated community action
agencies and county governments currently providing energy assistance to people who are eligible
to receive assistance under this article. Disbursement of assistance funds shall be coordinated
with all other state and federal home weatherization assistance programs administered by the
Department of Economic and Community Affairs. (c) An...
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41-15B-2.2
Section 41-15B-2.2 Allocation of trust fund revenues. (a) For each fiscal year, beginning October
1, 1999, contingent upon the Children First Trust Fund receiving tobacco revenues and upon
appropriation by the Legislature, an amount of up to and including two hundred twenty-five
thousand dollars ($225,000), or equivalent percentage of the total fund, shall be designated
for the administration of the fund by the council and the Commissioner of Children's Affairs.
(b) For the each fiscal year, beginning October 1, 1999, contingent upon the Children First
Trust Fund receiving tobacco revenues, the remainder of the Children First Trust Fund, in
the amounts provided for in Section 41-15B-2.1, shall be allocated as follows: (1) Ten percent
of the fund shall be allocated to the Department of Public Health for distribution to one
or more of the following: a. The Children's Health Insurance Program. b. Programs for tobacco
control among children with the purpose being to reduce the consumption...
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11-96A-2
Section 11-96A-2 Definition of "low or moderate income person or family." For purposes
of this chapter, a low or moderate income person or family shall mean those persons or families
with incomes that do not exceed the level of 100 percent of the median income for the applicable
area, as provided for under existing regulations promulgated by the United States Department
of Housing and Urban Development currently contained within the provisions of 24 Code of Federal
Regulations at Parts 813 and 913, and such successor federal laws and regulations as may exist
from time to time. If no such regulations or successor regulations exist, median income will
be determined by each municipality taking into account all relevant factors. (Acts 1991, No.
91-675, p. 1315, §2; Acts 1994, No. 94-676, §1.)...
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