House Votes to Extend First-Time Home Buyer Tax Credit
House Votes to Extend First-Time Home Buyer Tax Credit for Service Members
Amid mounting speculation over the future of the $8,000 first-time home buyer tax credit
, Congress moved today to give American service members another 12 months to claim the popular incentive. The House of Representatives voted 416 to 0 to pass the Service Members Home Ownership Tax Act of 2009, which pushes the credit’s current November 30 deadline back an additional year for members of the military, Foreign Service, and intelligence corps who served at least three months of qualified overseas duty in 2009.
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Posted by Carlos Sagastume on October 10, 2009. Filed under HUD Homes.
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