The Recovery Act includes $13.61 billion for projects and programs administered by the Department of Housing and Urban Development, nearly 75 percent of which was allocated to state and local recipients on February 25, 2009 – only eight days after President Obama signed the Act into law. Recovery Act investments in HUD programs aim to [...]
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American Recovery and Reinvestment Act of 2009
Posted in Housing on March 3, 2009 | Leave a Comment »
7500 reasons to be a “first time homebuyer”!
Posted in Housing on October 3, 2008 | Leave a Comment »
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 [...]
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