Alabama Statutes
§ 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.
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Legislative History
(Act 2012-384, p. 1015, §2.)
Nearby Sections
15
§ 24-1-100
Short Title§ 24-1-101
Definitions§ 24-1-102
Procedure for Incorporation§ 24-1-103
Area of Operation§ 24-1-110
Consolidated Housing Authorities