The Housing and Economic Recovery Act of 2008 gives first time home buyers up to a $7,500 tax credit incentive to purchase a home between April 9th, 2008 and July 1st, 2009. Law makers offered the incentive to jump start entry buyers, which can have a ripple effect throughout the markets. And it may well [...]
Archive for October, 2008
7500 reasons to be a “first time homebuyer”!
Posted in Housing on October 3, 2008 | Leave a Comment »
How has LHT made a difference?
Posted in Homeownership on October 1, 2008 | 1 Comment »
Since inception, LHT has been able to invest over $2.9 million in community development financing in the tri-county region. Through a variety of loans, incentives, gap financing, “soft” subordinate mortgages, and development services, LHT has assisted in financing the development of 583 affordable housing units representing approximately $100 million in local community development investments.
Yet, this [...]
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