Jan's Blog

Federal Tax Credit for First-Time Homebuyers
July 30th, 2008 5:24 AM

Hi again,

I know that it's been a while since I last updated this post so today is as good as any to get started again. 

I am absolutely thrilled to announce that, after months of intensive lobbying by the entire NAHB federation and the tireless dedication of our staff in Washington, the president today signed the housing stimulus package into law.

This milestone legislation will help provide an enormous boost to the housing industry in the form of a tax credit for first-time home buyers, as well as much-needed measures that will improve mortgage liquidity, foster refinancing of troubled loans and expand the supply of affordable rental housing.

The temporary first-time home buyer tax credit will help stimulate home buying, reduce excess supply in housing markets and shore up home prices, so it is critical to get the word out to consumers right away.

I encourage you to visit the NAHB consumer web site that includes details and a set of comprehensive questions and answers about how the credit works and how consumers can take advantage of it.

     www.federalhousingtaxcredit.com 

I also provide a link to this site over on the left had side of my page and it's labeled "Tax Credit for First-Time Homebuyers".

Please visit often and tell your friends about this exciting new piece of legislation.

Posted by Jan Gurski on July 30th, 2008 5:24 AMPost a Comment (0)

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