Homebuyer Tax Credit

As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed new legislation that:

• Extends the First-Time Home Buyer Tax Credit of up to $8,000 to first-time home buyers until April 30, 2010.
• Expands the credit to grant up to $6,500 credit to current home owners purchasing a new or existing home between November 7, 2009 and April 30, 2010.

Additional Information:

Tax Credits at a Glance prepared by The National Association of Home Builders.

Key Information prepared by the National Association of Home Builders.

Fequently Asked Questions About the First-Time Home Buyer Tax Credit prepared by The National Association of Home Builders.