Alabama legislation · 2026 Regular Session
Alabama HB404: Class 1 municipalities; authorization to establish community land trusts, affordable housing
Status: Signed into law, April 17, 2026
What the bill says
An Act, Relating to counties and municipalities; to authorize Class 1 municipalities to establish and regulate a nonprofit community land trust for the purpose of creating affordable housing alternatives; to provide for qualifications and appointment of members of the board of directors; to authorize an annual audit of the trust by the Department of Examiners of Public Accounts; to require the community land trust to publish eligibility selection criteria…
From the enrolled text:
An Act, Relating to counties and municipalities; to authorize Class 1 municipalities to establish and regulate a nonprofit community land trust for the purpose of creating affordable housing alternatives; to provide for qualifications and appointment of members of the board of directors; to authorize an annual audit of the trust by the Department of Examiners of Public Accounts; to require the community land trust to publish eligibility selection criteria; to allow a community land trust to acquire and lease real property to qualified low-income and moderate-income lessees through 99-year ground leases; to require all leases to include an option for the trust or organizing municipality to buy back the property interest; to authorize ad valorem property tax exemptions for certain community land trust property; and to establish standards for ad valorem assessment. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. This chapter shall be known and may be cited as the Alabama Community Land Trust Act of 2026. Section 2. This chapter applies only to Class municipalities. Section 3. When used in this chapter, the following words have the following meanings: (1) AFFORDABLE HOUSING. Any residential dwelling unit that is part of a project subject to a legally enforceable restriction limiting occupancy between one and four family housing units or to households comprising at least 40 percent Page …
Sponsors
- Rafferty, Neil (D, HD-054) · primary sponsor
Latest actions
- : Enacted
- : Delivered to Governor
- : Signature Requested
- : Enrolled
- : Ready to Enroll
- : Motion to Read a Third Time and Pass - Adopted Roll Call 1163
- : Third Reading in Second House
- : Read for the Second Time and placed on the Calendar
- : Reported Out of Committee Second House
- : Pending Committee Action in Second House
Votes
- Senate Roll Call #1163 (April 7, 2026): 35 yea, 0 nay, passed
- Senate Roll Call #1162 (April 7, 2026): 35 yea, 0 nay, passed
- House Roll Call #1110 (April 1, 2026): 66 yea, 0 nay, passed
- House Roll Call #1109 (April 1, 2026): 66 yea, 0 nay, passed
- House Roll Call #1108 (April 1, 2026): 66 yea, 0 nay, passed
- House Roll Call #1107 (April 1, 2026): 66 yea, 0 nay, passed
Subjects: Counties & Municipalities
Common questions
- What is HB404?
- HB404 is a bill in the Alabama Legislature (2026 Regular Session): Class 1 municipalities; authorization to establish community land trusts, affordable housing.
- What does HB404 do?
- In its own words: An Act, Relating to counties and municipalities; to authorize Class 1 municipalities to establish and regulate a nonprofit community land trust for the purpose of creating affordable housing alternatives; to provide for qualifications and appointment of members of the board of directors; to authorize an annual audit of the trust by the Department of Examiners of Public Accounts; to require the community land trust to publish eligibility selection criteria…
- What is the status of HB404?
- Signed into law as of April 17, 2026. Latest action: Enacted (April 17, 2026).
- Who sponsored HB404?
- Rafferty, Neil (D, HD-054).
- Where is the official record for HB404?
- On the Alabama Legislature website: https://alison.legislature.state.al.us/instrument/2026RS/HB404
Source: official Alabama record. Tracked by Delilah, AI for legislation across all 50 states and Congress.