Congress has voted to extend the homebuyer tax credit!

National Lumber and the rest of the building industry are excited to hear that President Obama just signed a bill that will extend the tax credit deadline from November 30 to April 2010. The bill also includes a $6,500 tax credit to existing homeowners who buy a new home if they have lived in their current residence for at least 5 years. Additionally, the legislation gives tax breaks to struggling home builders. The bill passed both houses without nearly any opposition. You can learn more about the new legislation here.

Advertisements

0 Responses to “Congress has voted to extend the homebuyer tax credit!”



  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




Enter your email address to follow this blog and receive notifications of new posts by email.

Twitter Updates


%d bloggers like this: