Federal Housing Tax Credit

President Obama’s new stimulus bill contained an $8,000 tax credit for all new home buyers. Unlike the previous tax credit, the $8,000 does not have to be repaid.  The Federal Housing Tax Credit is to motivate first-time home buyers to by now.

The NAHB has created an easy-to-use website that explains details of the credit and how it works. For more information, please visit www.federalhousingtaxcredit.com.

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