• Housing Tax Credit Advance Loan Program: The Legislature passed the state budget with a provision authorizing the State Treasurer to invest $25 million in a Tax Credit Advance Loan Program. There are still details to be worked out, but the program would allow first-time home buyers to utilize the tax credit as down payment when closing the sale of their first home.

This is great news for first-time homebuyers!  Stay tuned to this blog for further details.

April 29, 2009