Federal Housing Tax Credit explained
OPPORTUNITY KNOCKS FOR HOME BUYERS!
(Click to see the NAHB brochure)
Congress Enacts Bigger and Better Home Buyer Tax Credit
A tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid.
