Low-income housing tax credit: farmworker housing.

Summary

The bill amends California’s low‑income housing tax credit program to set aside $500,000 annually for farmworker housing projects and to treat those projects as large‑family developments in the credit‑allocation scoring system. It also creates a new housing‑type classification for farmworker housing, modifies compliance periods, removes the federal recapture provision, and adds detailed regulatory‑agreement requirements. The changes are intended to boost affordable housing for farmworkers while using existing tax‑credit mechanisms.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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