Department of the Treasury

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Expanded First-Time Homebuyer Credit Available 

Feb 25, 2009By

The Treasury Department on Wednesday announced the availability of an expanded tax credit for first-time home buyers as part of the Obama Administration’s affordability initiatives. The financial stimulus package — the American Recovery and Reinvestment Act of 2009 — includes a provision that will make up to $8,000 available to qualifying taxpayers that buy homes in 2009.

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