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Alabama launches Development Fund to drive long-term economic growth

Summary by Alabama Political Reporter
With just days remaining in the 2025 legislative session, Alabama lawmakers delivered a landmark victory for economic development with the passage of the Alabama Development Fund—a first-of-its-kind initiative designed to create a long-term, sustainable funding stream for projects that bring high-quality jobs and capital investment to the state. Gov. Kay Ivey signed the legislation into law earlier this week, calling the initiative “a game-chang…

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Nairametrics broke the news in on Saturday, May 3, 2025.
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