Ala. Code §§ 24-10-1 to 24-10-11 § 24-10-4

Alabama Affordable Housing Trust Fund.

In Force
Verified 10/16/2026 · Next check 10/23/2026
effective 10/16/2026AlabamaAffordable Housing Programs

Operative Text

Ala. Code §§ 24-10-1 to 24-10-11 § 24-10-4
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.
Source: Legislative text reproduced verbatim
Plain English

Section 24-10-4 of the Alabama Code establishes the Alabama Affordable Housing Trust Fund as a dedicated account within the State Treasury. Its purpose is to channel funds toward building new housing units, repairing existing ones, and keeping that housing affordable for households earning at or below 60 percent of the area median family income. The Alabama Department of Economic and Community Affairs (ADECA) administers the fund and is required to appoint an advisory committee, as outlined in Section 24-10-8, to guide program decisions.

Written by anthropic/claude-sonnet-4.6 · Reviewed on October 16, 2026

Plain English — not legal advice.

For Property Managers

Under Ala. Code § 24-10-4, ADECA administers the Alabama Affordable Housing Trust Fund, which can serve as a potential funding source for developers and property owners engaged in building or rehabilitating affordable housing. Operators who work with income-restricted housing serving households at or below 60 percent of median family income may find this fund relevant to their project financing. Staying informed about ADECA's program guidelines and the advisory committee's recommendations under Section 24-10-8 is a common practice for those seeking to participate in trust fund programs.

General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.

For Tenants

Ala. Code § 24-10-4 creates a state-level fund intended to expand and preserve housing options for individuals and families earning at or below 60 percent of the median family income. Tenants in this income range may benefit indirectly from the fund's support for new construction and rehabilitation of affordable units. Those seeking information about housing opportunities or programs funded through ADECA under this provision can reach out to ADECA directly or connect with local tenant-rights or housing-assistance organizations for guidance.

General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.

Generated October 16, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.

Effective Timeline

Current
Oct 16, 2026
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References Out

Rules and statutes cited by this regulation

References In

Rules and statutes that cite this regulation

Ala. Code § 24-10-4
Ala. Code § 24-10-8
Ala. Code § 24-10-6
Ala. Code § 24-10-8
Ala. Code § 24-10-4

Related Rules

§ 574.605
§ 574.605 Applicability of uniform administrative requirements, cost principles, and audit requirements for Federal awards.
§ 574.625
§ 574.625 Conflict of interest.
§ 574.645
§ 574.645 Coastal barriers.

Source Information

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Fetched:Oct 16, 2026, 11:48 AM UTC