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Provide Homeowners Tax Credit |
"We'll provide struggling homeowners some relief by giving them a tax credit that would cover 10 percent of a family's mortgage interest payment every year."
-- El Dorado, Kan.
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NOVEMBER 06, 2009
Obama Renews Homeownership Credits
Obama signed the Worker, Homeownership and Business Assistance Act, which extended the $8,000 tax credit for first-time homebuyers first introduced in the stimulus bill. The credit will now apply to homes purchased by April 30, 2010. |
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FEBRUARY 11, 2009
Stimulus Bill Includes First-Time Homebuyer Tax Credit
The stimulus compromise includes an $8,000 tax credit for first-time homebuyers who purchased between Jan. 1 and Aug. 31 of this year. The current credit is $7,500. The Senate initially proposed a credit of $15,000. |
