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Legislation Would Prioritize OZs in Receiving Nebraska Financial Boosts

Thursday, January 17, 2019 - 12:30PM

A bill in the Nebraska Legislature would give priority to federal opportunity zones (OZs) in the allocation of state Affordable Housing Trust Fund and other state programs. LB 87 would add OZs to statewide enterprise zones to receive priority in the allocation of housing trust fund assistance. The bill would similarly prioritize OZs to receive Job Training Cash Fund, Site and Building Development Fund and Business Innovation Act assistance. The legislation was referred to the Urban Affairs Committee.

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