Scott Turner: “This opportunity zone legislation said you can take your…”

“Turner and Pillin stopped by the Highlander Accelerator neighborhood in north Omaha, considered to be an opportunity zone. Opportunity zones came as a result of the Tax Cuts and jobs act of 2018 during President Trump's first term. This opportunity zone legislation said you can take your capital gain investing in a qualified opportunity zone fund and invest inside of a new operating business housing in these qualified opportunities on tracks of which there's 8,764. According to the Bipartisan Policy center, the president's budget request for fiscal year 2027 includes a 13% reduction in HUD funding from the year before.” (00:55–01:11)

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