AB 1654 Summary

• Requires Department of Housing and Community Development to commission a statewide study of farmworker housing conditions and needs by December 1, 2023, and develop a comprehensive strategy for farmworker housing by January 1, 2026.

• Sets aside $25 million annually (or 5% of available credits, whichever is less) from the $500 million low-income housing tax credit pool for farmworker housing projects from 2024-2034.

• For calendar year 2035 and thereafter, requires the Legislature to determine the farmworker housing set-aside amount based on consideration of the comprehensive strategy prepared by the Department of Housing and Community Development.

• Allows unallocated farmworker housing credits to roll over to subsequent funding rounds within the same calendar year, with unused credits reverting to the general allocation pool before the final funding round.

• Modifies low-income housing tax credit provisions in Sections 12206, 17058, and 23610.5 of the Revenue and Taxation Code to implement farmworker housing priority and coordination with findings from the comprehensive strategy study.