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  2. 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).

  3. Government policies and the subprime mortgage crisis

    en.wikipedia.org/wiki/Government_policies_and...

    The Department of Housing and Urban Development (HUD) loosened mortgage restrictions in the mid-1990s so first-time buyers could qualify for loans that they could never get before. [136] In 1995, the GSE began receiving affordable housing credit for purchasing mortgage backed securities which included loans to low income borrowers.

  4. Tax Credit Assistance Program - Wikipedia

    en.wikipedia.org/wiki/Tax_Credit_Assistance_Program

    The Tax Credit Assistance Program (TCAP) is a Federal housing grant program administered by HUD which assists Low Income Housing Tax Credit (LIHTC) projects funded during 2007, 2008 and 2009. The TCAP program is part of the American Recovery and Reinvestment Act which was signed by President Obama on February 17, 2009. The program is designed ...

  5. Guide to first-time homebuyer loans and programs - AOL

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

    First-time homebuyer education programs are designed to help you understand the various aspects of owning a home. To qualify for many first-time buyer loan programs, you’ll need to take a course.

  6. Tax Tips: First-time home buyer benefits from the government

    www.aol.com/news/2008-08-21-tax-tips-first-time...

    By now you may have heard about help for first-time home buyers in the Housing and Economic Recovery Act of 2008. I'm not a big fan of this legislation in general, but I still think it's important ...

  7. Guide to first-time homebuyer grants - AOL

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

    Key takeaways. A first-time homebuyer grant can help you cover a down payment and closing costs. You don’t have to repay the grant funds. A grant might come from a bank or mortgage lender, a non ...

  8. American Recovery and Reinvestment Act of 2009 - Wikipedia

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

    Senate – Reduces the amount that can be refunded to low-income families that pay no income taxes, lowering the cost to $13 billion. Homebuyer credit House – $2.6 billion to repeal a requirement that a $7,500 first-time homebuyer tax credit be paid back over time for homes purchased from Jan 1 to July 1, unless the home is sold within three ...

  9. First-Time Homebuyer Assistance Programs & Grants in the ...

    www.aol.com/lifestyle/first-time-homebuyer...

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