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Vol. 2026 · Bill Detail · Special Edition

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Wednesday, September 2, 2026

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AL · HB649INTRO · 1 COSPONSOR

Class 1 municipalities; creation of housing trust fund authorized

Where it is in the process
Plain-English Summary

This bill allows Class 1 municipalities to create their own housing trust funds to promote affordable housing. These funds can accept donations, grants, and other money, and will be overseen by an advisory board. The money can be used for things like developing, rehabilitating, or financing affordable housing, as well as providing down payment or rental assistance.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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