Governor Paterson Announces Federal Income Tax Credit For First-Time Home Buyers
Albany, NY - August 10, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced that New York will offer a federal income tax credit to first-time homebuyers to encourage home sales in the State. The New York State Mortgage Credit Certificate (MCC) will enable first-time homebuyers to claim a tax credit equal to 20% of their annual mortgage interest costs, potentially saving the average homebuyer about $1,500 each year.Full article: Governor Paterson Announces Federal Income Tax Credit For First-Time Home Buyers ...
News || Laws & Taxes, Mortgage
Related posts:
- Governor Paterson Announces Federal Homebuyer Tax Credit Cash Advances For Eligible SONYMA Borrowers
Albany, NY - December 15, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced that New York State will offer cash advances of up to $8,000 on the Federal homebuyer tax credit for borrowers using a State of New York Mortgage Agency (SONYMA) mortgage to purchase a home....
- New homebuyers can now reduce their tax liability with OHFA’s new Mortgage Credit Certificate
COLUMBUS, OH - February 17, 2009 - (RealEstateRama) — Ohioans can now buy a home and lower their tax liability with a Mortgage Credit Certificate (MCC) from the Ohio Housing Finance Agency (OHFA). OHFA has launched its MCC Program to encourage new homeownership, allowing qualified first-time homebuyers to take a direct tax credit for a portion of their mortgage interest...
- Governor Corzine Announces $38 Million in Federal Tax Credit Assistance for Low Income Housing Development
TRENTON, NJ - July 21, 2009 - (RealEstateRama) -- Governor Jon S. Corzine today announced the award of $16,165,287 in federal Low Income Housing Tax Credit funds and $22,634,105 million in American Recovery and Reinvestment (ARRA) funding through the Tax Credit Assistance Program (TCAP). ...
- The Federal tax credits for home buyers have been extended and expanded
November 18, 2009 - (RealEstateRama) -- Recently President Obama signed into law the American Recovery and Reinvestment Act of 2009 which: - Provides a tax credit equal to 10 percent of the sales price of the home, up to a maximum credit of $8,000....
- MassHousing Announces Mortgage Financial, Inc. as Approved Lender for First-Time Homebuyer Tax Credit Loan
First-time homebuyers could borrow up to $8,000 in advance of federal tax credit. BOSTON, MA - August 19, 2009 - (RealEstateRama) -- MassHousing announced today that Mortgage Financial, Inc., based in Tewksbury, is an approved lender of MassHousing’s First-Time Homebuyer Tax Credit Loan that will allow first-time homebuyers to borrow up to $8,000 in advance of their federal tax credit...
- VHDA Launches Homebuyer Tax Credit Plus Loan Program
RICHMOND, VA - June 19, 2009 - (RealEstateRama) - One of the biggest obstacles facing first-time homebuyers is gathering the funds for the down payment and closing costs. To help prospective homebuyers meet this challenge, the Virginia Housing Development Authority has designed a new loan program – Homebuyer Tax Credit plus....
- It’s Now or Never for First-Time Home Buyers Hoping to Capitalize on $8,000 Tax Credit
MORRIS PLAINS, N.J.- September 9, 2009 - (RealEstateRama) -- The $8,000 tax credit enacted earlier this year by Congress, along with the today’s affordable home prices and low interest rates, has helped make the dream of homeownership a reality for countless Americans. ...
3849
Articles Category: Laws & Taxes
- Loan Officer Charged in Mortgage Fraud Scheme
Pittsburgh, PA - July 27, 2010 - (RealEstateRama) -- Acting United States Attorney Robert S. Cessar announced today, July 27, 2010, that Mark Hipsley of Pittsburgh, Pennsylvania, has been indicted by a federal grand jury in Pittsburgh,
- “Consumer Protection With Home Inspection” Law Impacts Homebuyers
Des Plaines, IL - July 28, 2010 - (RealEstateRama) -- The American Society of Home Inspectors (ASHI) played a critical role in the inclusion of the “Consumer Protection with Home Inspection” law in the Wall Street Reform and Consumer Protection Act signed by President Obama on July 21. ASHI hails this legislation as an innovative and low-cost means to help homebuyers weigh their options when looking to obtain a home inspection.
- LAST WEEK TO SAVE! REGISTER NOW FOR THE KANSAS HOUSING CONFERENCE
TOPEKA, KS - July 26, 2010 - (RealEstateRama) -- Affordable housing advocates, the Kansas Housing Conference Early Bird Deadline is fast approaching! If you want to save $49 off the full-conference registration fee, sign up by Saturday, July 31st. On August 1st, fees increase to $199.
- California Tops Regions Where Homes Sell Most Over List Price, While Florida Still Languishes, According to ZipRealty’s Q2 “Home Hunter Report”
EMERYVILLE, CA - July 26, 2010 - (RealEstateRama) -- Despite slowdowns in home sales across the country, California is still the nation’s hottest spot for home buying activity, with homes fetching multiple offers and selling above list price, according to the Q2 2010 Home Hunter report released today by ZipRealty (ZIPR).
- Three Charged in Mortgage Fraud Conspiracy
OKLAHOMA CITY, OK - July 22, 2010 - (RealEstateRama) -- A federal grand jury has indicted DERRICK REUBEN SMITH, MICHAEL GIPSON, and TRINA TAHIR on charges of conspiracy, wire fraud, and money laundering in connection with fraudulent mortgages, announced Sanford C. Coats, United States Attorney for the Western District of Oklahoma.
- Existing-Home Sales Slow in June but Remain Above Year-Ago Levels
Washington, DC - July 22, 2010 - (RealEstateRama) -- With the scheduled closing deadline for the home buyer tax credits, existing-home sales slowed in June but remained at relatively elevated levels, according to the National Association of Realtors
- Fourth Member of Mortgage Fraud Enterprise Sentenced to 28 Years in Prison
CORSICANA, TX - July 21, 2010 - (RealEstateRama) -- The fourth member of a multi-county mortgage fraud scheme today pleaded guilty to a first-degree felony for his role in a multimillion dollar enterprise that defrauded government-backed mortgages.