Alabama § 24-10-3 - Legislative Findings.
Full text of Alabama Code of Alabama § 24-10-3 — Legislative Findings., with citation guidance and answers to common questions.
§ 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 median family income, many of whom are physically disabled, elderly, victims of domestic violence, veterans, homeless or on the verge of homelessness, living with HIV/AIDS, or living with developmental disabilities.
(6) Alleviate deficiencies in the supply of safe, decent, and affordable housing in rural areas of the state.
Frequently Asked Questions About Alabama § 24-10-3
What does Code of Alabama § 24-10-3 cover?
Section 24-10-3 ("Legislative Findings.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 24-10-3?
A common citation format is "Code of Alabama § 24-10-3" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 24-10-3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.