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May, 2009 ·  Friday
Monetization
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I'm in D.C. for the week at the NAHB Spring Board of Directors meeting and just got to be a part of HUD Secretary Shaun Donovan's official announcement that those eligible for the $8,000 first-time buyer tax credit can now use that money directly towards their down payment. Good news for the housing industry, no doubt.
CITED ARTICLE:
Borrowers With FHA Mortgages Can Use Tax Credit at Closing
Alison Rice · Builder Online
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FILED:
ECONOMY, EVENTS, GOOD NEWS, GROWTH, HOME BUILDING, INFLUENCE, LEGISLATION, LENDING, NAHB, NATIONAL
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