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  2. What is the first-time homebuyer tax credit? - AOL

    www.aol.com/finance/first-time-homebuyer-tax...

    A first time homebuyer tax credit offers a direct reduction of the amount of income tax you owe. The U.S. federal government offered a tax credit program to first-time homebuyers (including those ...

  3. American Recovery and Reinvestment Act of 2009 - Wikipedia

    en.wikipedia.org/wiki/American_Recovery_and...

    This only applies to first-time homebuyers. $4.7 billion: Excluding from taxation the first $2,400 a person receives in unemployment compensation benefits in 2009. $4.7 billion: Expanded earned income tax credit to increase the earned income tax credit – which provides money to low income workers – for families with at least three children.

  4. Housing and Economic Recovery Act of 2008 - Wikipedia

    en.wikipedia.org/wiki/Housing_and_Economic...

    Included a first-time home buyer refundable tax credit for purchases on or after April 9, 2008 and before July 1, 2009 equal to 10 percent of the purchase price of a principal residence, up to $7,500. Phased out the credit for taxpayers with incomes over $75,000 ($150,000 for joint returns).

  5. Would it help? Fed legislation would create $15,000 tax ... - AOL

    www.aol.com/help-fed-legislation-create-15...

    March 13, 2024 at 1:50 PM. Federal legislators have proposed bringing back a federal first-time homebuyer tax credit program that would offer up to a $15,000 credit to those eligible. U.S ...

  6. ‘The cost of housing is so important’: President Biden ...

    www.aol.com/finance/cost-housing-important...

    Recognizing the financial pain felt by millions of working families, President Biden has proposed a $10,000 tax credit for first-time homebuyers and people who sell their starter homes.

  7. First-time home buyer grant - Wikipedia

    en.wikipedia.org/wiki/First-time_home_buyer_grant

    The stimulus consisted of $14000 available to first time purchasers buying or building a new home, and $7000 made available for those purchasing their first established home. The scheme continued from 14 October 2008 through to 30 September 2009. Between 1 October 2009 and 31 December 2009 the grants were halved.

  8. Stimulus Checks: Could More in 2023 Ward Off a Recession? - AOL

    www.aol.com/finance/stimulus-checks-could-more...

    Stimulus 2023: Updates To Know Now ... after the credit crisis in 2008-09, the first-time home buyer tax credit of $8,000 was used to revive a housing market that was on life support, which was ...

  9. Economic Recovery and Middle-Class Tax Relief Act of 2009

    en.wikipedia.org/wiki/Economic_Recovery_and...

    The Economic Recovery and Middle-Class Tax Relief Act of 2009 H.R. 470 is a bill introduced to the United States House of Representatives during the 111th congress on January 13, 2009. The bill was sponsored by Representative Scott Garrett of New Jersey along with 80 co-sponsors. The bill is a product of a conservative house caucus, the 100 ...

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