# Watch: GOP Tax bill weakens tax credits but offers new tool for community development

Published 2018-02-05 · Updated 2026-03-12 · Healthcare on MarketScale
Canonical: https://www.marketscale.com/industries/healthcare/watch-gop-tax-bill-weakens-tax-credits-offers-new-tool-community-development

> After the community development tax credit survived in a weakened state, there was some surprising good news. Provisions of the Investing in Opportunity Act (IIOA) were passed as part of the legislation, a potential game-changer. The IIOA allows taxpayers to defer taxes on capital gains for up to 9 years if they invest the gains…

After the community development tax credit survived in a weakened state, there was some surprising good news. Provisions of the Investing in Opportunity Act (IIOA) were passed as part of the legislation, a potential game-changer. The IIOA allows taxpayers to defer taxes on capital gains for up to 9 years if they invest the gains into economically downtrodden areas. With some $2.3 trillion in unrealized gains, this could be a major boost for community development leaders nation-wide.

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