Any city or town creating a housing authority shall have the power from time to time to lend or donate money to such authority or to agree to take such action. A housing authority, when it has money available therefor, shall make reimbursements for all such loans made to it.
Structure Code of Alabama
Chapter 1 - Housing Authorities.
Article 5 - Cooperation of Cities, Counties, etc., With Housing Authorities.
Section 24-1-130 - Legislative Findings and Declaration of Necessity.
Section 24-1-131 - Definitions.
Section 24-1-133 - Resolution Authorizing Exercise of Powers Granted.
Section 24-1-134 - City or Town May Lend or Donate Money to Housing Authority; Reimbursement.