SENATE PASSES DODD LEGISLATION TO EXTEND HOMEBUYER’S TAX CREDIT
Thursday, November 5th, 2009Dodd: A “Double Victory” for Connecticut Workers and Middle Class Families
WASHINGTON, DC – Senator Chris Dodd’s legislation to extend the homebuyer’s tax credit and expand it to more middle class families passed the Senate tonight as part of a bill that will also extend unemployment insurance. Dodd was an original co-sponsor of the bill, which will provide 14 additional weeks of jobless benefits for Connecticut workers.
FIRST-TIME HOMEBUYER TAX CREDIT FAQs
Wednesday, February 25th, 2009Frequently Asked Questions
In 2008, Congress enacted a $7500 tax credit designed to be an incentive for first-time homebuyers to purchase a home. The credit was designed as a mechanism to decrease the over-supply of homes for sale.