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Recovery.gov - Track the Money

Recovery.gov is the U.S. government's official website that provides easy access to data
related to Recovery Act spending and allows for the reporting of potential fraud, waste, and abuse.

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Treasury Department Touts Expanded Tax Credit for First-Time Homebuyers
 

Credit Offers Up to $8,000 to Qualifying Taxpayers Now

Latest Move in Swift Implementation of Administration's Recovery, Stability, Affordability Plans

Washington, DC - In an ongoing effort to deliver on swift implementation of the Obama Administration's recovery, stability and affordability plans, the U.S. Department of the Treasury touted today the availability of an expanded tax break for first-time homebuyers - a provision under the American Recovery and Reinvestment Act of 2009 that will make up to $8,000 available now to qualifying taxpayers who buy homes this year.

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