University of Illinois Extension Office will offer Webinar Re: Opportunity Zones

UI Extension’s Local Government Education (LGE) program is partnering with the Southeastern Alliance of Illinois and the Richland County Development Corporation to co-host a webinar by the Economic Innovation Group, presenting on the topic of Opportunity Zones The webinar is scheduled for July 25th at 10 AM.  The Opportunity Zone program is a new economic development program established by Congress in the Tax Cuts and Job Act of 2017.  This widely-supported program encourages long-term investment and job creation in low-income urban and rural communities, by allowing investors to re-invest unrealized capital gains in designated Opportunity Zones.  The webinar will cover an overview of the Opportunity Zone program explaining what it is and what it is not, how the program works, and what Opportunity Funds are allowed to invest in.  REGISTER HERE   https://web.extension.illinois.edu/registration/?RegistrationID=18881