# Ala. Code § 24-2-8: Section 24-2-8 Federal Financial Aid

> Alabama · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AL_T24_C2_S24-2-8

## Section

- **Citation:** Ala. Code § 24-2-8
- **Heading:** Section 24-2-8 Federal Financial Aid
- **Jurisdiction:** Alabama
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Alabama Code / Title 24 / Chapter 2 / Section 24-2-8

## Text

An authority or the governing body of any incorporated city or town may borrow money or accept contributions from the federal government to assist in its undertaking redevelopment projects. An authority or the governing body of any incorporated city or town may do any and all things necessary or desirable to secure such financial aid, including obligating itself in any contract with the federal government for annual contributions to convey to the federal government the project to which said contract relates, upon the occurrence of a substantial default thereunder, in the same manner as they may do to secure such aid in connection with slum clearance and housing projects under the provisions of this title.

## Nearby sections

- [Ala. Code § 24-2-1 Section 24-2-1 Legislative Findings and Declaration of Necessity](https://www.frixlaw.com/law-library/statutes/STATE_AL_T24_C2_S24-2-1.md)
- [Ala. Code § 24-2-2 Section 24-2-2 Powers of Housing Authorities or Municipalities - Acquisition and Redevelopment of Blighted Property; Limitations on Eminent Domain; Definitions](https://www.frixlaw.com/law-library/statutes/STATE_AL_T24_C2_S24-2-2.md)
- [Ala. Code § 24-2-3 Section 24-2-3 Powers of Housing Authorities or Municipalities - Powers Under Other Housing Laws; Contracts; Issuance of Bonds and Other Obligations; Eminent Domain](https://www.frixlaw.com/law-library/statutes/STATE_AL_T24_C2_S24-2-3.md)
- [Ala. Code § 24-2-4 Section 24-2-4 Approval of Redevelopment Plan by Governing Bodies of Cities, Counties, Etc., in Which Project Situated; Assistance of Redevelopment Projects by Cities, Counties, Etc](https://www.frixlaw.com/law-library/statutes/STATE_AL_T24_C2_S24-2-4.md)
- [Ala. Code § 24-2-5 Section 24-2-5 Advisory Board](https://www.frixlaw.com/law-library/statutes/STATE_AL_T24_C2_S24-2-5.md)
- [Ala. Code § 24-2-6 Section 24-2-6 Land in Project May Be Made Available for Use by Private Enterprise or Public Agencies in Accordance with Redevelopment Plan](https://www.frixlaw.com/law-library/statutes/STATE_AL_T24_C2_S24-2-6.md)
- [Ala. Code § 24-2-7 Section 24-2-7 Tax Status of Land Sold or Leased to Private Individuals or Corporations for Redevelopment](https://www.frixlaw.com/law-library/statutes/STATE_AL_T24_C2_S24-2-7.md)
- [Ala. Code § 24-2-8 Section 24-2-8 Federal Financial Aid](https://www.frixlaw.com/law-library/statutes/STATE_AL_T24_C2_S24-2-8.md)
- [Ala. Code § 24-2-9 Section 24-2-9 Investment by Public Bodies, Etc., in Bonds, Etc., Issued by Housing Authorities, Etc](https://www.frixlaw.com/law-library/statutes/STATE_AL_T24_C2_S24-2-9.md)
- [Ala. Code § 24-2-10 Section 24-2-10 Provisions of Chapter Cumulative; Conflicting Laws](https://www.frixlaw.com/law-library/statutes/STATE_AL_T24_C2_S24-2-10.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AL_T24_C2_S24-2-8. Check the current official text before relying on it. Not legal advice.