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24-3-2
Section 24-3-2 Authority to plan and undertake urban renewal projects; limitations on eminent
domain. (a) In addition to its authority under this title, any housing authority created under
this title is hereby authorized to plan and undertake urban renewal projects. (b) The governing
body of any incorporated city or town is likewise hereby authorized to plan and undertake
urban renewal projects and shall have and possess the same powers and authority granted to
or conferred on any housing authority. (c) As used in this chapter, an urban renewal project
may include undertakings and activities for the elimination and for the prevention of the
spread of blighted property as defined in subsection (c) of Section 24-2-2 and may involve
any work or undertaking for such purpose constituting a redevelopment project authorized by
Chapter 2 of this title, or any rehabilitation or conservation work or any combination of
such undertaking or work. For this purpose, "rehabilitation or conservation...
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24-3-4
Section 24-3-4 Powers, rights, etc., of housing authorities, etc., with respect to urban renewal
projects generally; surveys and plans. An authority shall have all the powers necessary or
convenient to undertake and carry out urban renewal plans and urban renewal projects, including
the authority to acquire and dispose of property, to make payments to persons and businesses
displaced by the acquisition and disposal of any property, to issue bonds and other obligations,
to borrow and accept grants from the federal government or other source, and to exercise the
other powers which Chapter 2 of this title confers on an authority with respect to redevelopment
projects. In connection with the planning and undertaking of any urban renewal plan or urban
renewal project, the authority, the municipality, and all public and private officers, agencies,
and bodies shall have all the rights, powers, privileges, and immunities which they have with
respect to a redevelopment plan or redevelopment...
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24-2-2
Section 24-2-2 Powers of housing authorities or municipalities - Acquisition and redevelopment
of blighted property; limitations on eminent domain; definitions. (a) Any housing authority
now or hereafter established pursuant to this title, or any incorporated city or town may
carry out any work or undertaking, hereafter called a "redevelopment project": (1)
To acquire blighted property as defined in subsection (c). (2) To acquire other real property
for the purpose of removing, preventing, or reducing blight, blighting factors, or the causes
of blight, but this authority to acquire such other property shall not be construed to grant
the power of eminent domain to acquire property that is not blighted without the consent of
the owner. (3) To clear any areas acquired and install, construct, or reconstruct streets,
utilities, and site improvements essential to the preparation of sites for uses in accordance
with the redevelopment plan. (4) To sell or lease land so acquired for uses in...
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18-1B-2
Section 18-1B-2 Limitations on condemnation. (a) Neither the State of Alabama, nor any of its
departments, divisions, agencies, commissions, corporations, boards, authorities, or other
entities, nor any agency, corporation, district, board, or other entity organized by or under
the control of any municipality or county in the state and vested by law to any extent whatsoever
with the power of eminent domain may condemn property for the purpose of nongovernmental retail,
office, commercial, residential, or industrial development or use or to primarily condemn
a mortgage or deed of trust; provided, however, the foregoing provisions of this subsection
shall not apply to the exercise of the powers of eminent domain by any county, municipality,
housing authority, or other public entity based upon a finding of blight in an area covered
by any redevelopment plan or urban renewal plan pursuant to Chapters 2 and 3 of Title 24,
provided the purpose of the exercise of the powers of eminent domain...
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11-80-1
Section 11-80-1 Condemnation of lands for public building sites, roads, streets, construction
materials, etc. (a) Counties and municipal corporations may condemn lands for public building
sites or additions thereto, or for enlargements of sites already owned, or for public roads
or streets or alleys, or for material for the construction of public roads or streets or for
any other public use. (b) Notwithstanding any other provision of law, a municipality or county
may not condemn property for the purposes of private retail, office, commercial, industrial,
or residential development; primarily for enhancement of tax revenue; for transfer to a person,
nongovernmental entity, public-private partnership, corporation, or other business entity;
or for the primary purpose of acquiring a mortgage or deed of trust. Provided, however, the
provisions of this subsection shall not apply to the use of eminent domain by any municipality,
housing authority, or other public entity based upon a finding...
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11-47-170
Section 11-47-170 Acquisition of lands, easements, etc., by municipality; limitations on condemnation.
(a) Except as otherwise provided in subsection (b), whenever in the judgment of the council,
commission, or other governing body of a city or town it may be necessary or expedient for
the carrying out and full exercise of any power granted by the applicable provisions of this
title or any other applicable provision of law, the town or city shall have full power and
authority to acquire by purchase the necessary lands or rights, easements, or interests therein,
thereunder, or thereover or, for the purposes for which private property may be acquired by
condemnation, may proceed to condemn the same in the manner provided by this article, or by
the general laws of this state governing the taking of lands or the acquiring of interests
therein for the uses for which private property may be taken, and such proceedings shall be
governed in every respect by the general laws of this state...
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24-1-27
Section 24-1-27 Powers and duties of authority. (a) An authority shall constitute a public
body and a body corporate and politic exercising public powers, and having all the powers
necessary or convenient to carry out and effectuate the purposes and provisions of this article,
including the following powers in addition to others granted in this article: (1) To investigate
into living, dwelling and housing conditions and into the means and methods of improving such
conditions. (2) To determine where unsafe or unsanitary dwelling, public school or housing
conditions exist. (3) To study and make recommendations concerning the plan of any city located
within its boundaries in relation to the problem of clearing, replanning, and reconstruction
of areas in which unsafe or unsanitary dwelling, public school, or housing conditions exist,
and the provision of dwelling accommodations for persons of low income, and to cooperate with
any city or regional planning agency. (4) To prepare, carry out,...
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11-99-2
Section 11-99-2 Definitions. As used in this chapter: (1) BLIGHTED OR ECONOMICALLY DISTRESSED
AREA: a. An area in which the structures, buildings, or improvements, by reason of dilapidation,
deterioration, age, or obsolescence, inadequate provision for ventilation, light, air, sanitation,
or open spaces, high density of population and overcrowding, or the existence of conditions
which endanger life or property by fire and other causes, or any combination of such factors,
are conducive to ill health, transmission of disease, infant mortality, juvenile delinquency,
or crime, and are detrimental to the public health, safety, morals, or welfare, or b. Any
area which by reason of the presence of a substantial number of substandard, slum, deteriorated,
or deteriorating structures, predominance of defective or inadequate street layout, faulty
lot layout in relation to size, adequacy, accessibility, or usefulness, unsanitary or unsafe
conditions, deterioration of site or other improvements,...
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41-10-541
Section 41-10-541 Definitions. (a) The following words and phrases used in this division, and
others evidently intended as the equivalent thereof, shall, in the absence of clear implication
herein otherwise, be given the following respective interpretations herein: (1) APPROPRIATED
FUNDS. Net TVA payments to the extent such payments are pledged and appropriated to the authority
pursuant to Section 41-10-550. (2) AUTHORITY. The public corporation organized pursuant to
this division. (3) AUTHORITY GUARANTY. An agreement of the authority pursuant to which the
payment of debt service referable to bonds, notes, or other evidences of indebtedness of a
development agency is guaranteed by the authority. (4) AUTHORITY OBLIGATIONS. Bonds of the
authority and authority guaranties. (5) AUTHORITY-GUARANTEED OBLIGATIONS. Bonds, notes, or
other evidences of indebtedness of a development agency that are issued solely for the purpose
in financing a project and that are guaranteed, in whole or in part,...
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41-10-46.01
Section 41-10-46.01 Investment by qualified funds. (a) Any qualified fund may invest at least
three percent of its corpus in one or more approved opportunity funds. (b) The following terms
shall have the following meanings: (1) "ADECA" shall mean the Department of Economic
and Community Affairs. (2) "Approved opportunity fund" shall mean any fund approved
by ADECA as meeting all of the following: a. ADECA determines that the fund has the capacity
to improve Alabama's low-income opportunity zone communities by approving an application showing
all of the following: 1. The amount of existing committed capital or potential to raise committed
capital. 2. The investment track record or strength of the applicant's management team. 3.
The existing project pipeline or strategy for developing new pipeline. 4. The fund structure
and anticipated returns within that fund structure. 5. The presence of sound legal, accounting,
and compliance policies and procedures. 6. A strategy for measuring,...
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