California AB2270 amends the state low-income housing tax credit allocation to prioritize farmworker housing projects.

California AB2270 amends the state low-income housing tax credit allocation to prioritize farmworker housing projects. It sets aside funds specifically for these projects and modifies the allocation criteria to include farmworker housing. The bill also adjusts the credit percentages for certain buildings and modifies the definition of "qualified low-income housing project." It further outlines the responsibilities of housing sponsors and the California Tax Credit Allocation Committee in managing these credits.

California AB2270 amends the state low-income housing tax credit allocation to prioritize farmworker housing projects.

California AB2270 amends the state low-income housing tax credit allocation to prioritize farmworker housing projects. It sets aside funds specifically for these projects and modifies the allocation criteria to include farmworker housing. The bill also adjusts the credit percentages for certain buildings and modifies the definition of "qualified low-income housing project." It further outlines the responsibilities of housing sponsors and the California Tax Credit Allocation Committee in managing these credits.