Friday, May 29, 2009

HUD Officially allows Tax Credit to be used for Downpayment

http://transformingamericashousingpolicy.org/Websites/tranformingamericashousingpolicy/Images/Shaun%20Donovan.jpg

HUD announced today that
first-time home buyers can use the $8,000 tax credit toward down payments on
FHA-insured homes, something that we mentioned here before. The press release makes it true.

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