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Great News! The Texas Department of Housing and Consumer Affairs (TDHCA) has replenished it’s Downpayment Assistance Fund for First Time Home Buyers. (Bond Program 74) The Texas Department of Housing and Community Affairs (TDHCA) recently released a new First Time Homebuyer Program (Bond Program 74) that offers a 10-year deferred forgivable 2nd lien for down [...] By Kenneth R. Harney The IRS has an urgent message for would-be home purchasers: Make the most of the $8,000 first-time-buyer tax credit before it disappears Dec. 1 — if you qualify. But if you don’t truly qualify, don’t try to play games with the credit. The IRS already has 24 criminal investigations of suspected [...] Here is the resolution that just passed the House Financial Services Committee and is next up for a vote on the house floor. This could bring back down payment assistance programs. Here is what the resolution proposes): H.R. 6694 will reinstate FHA seller down payment assistance for persons with certain credit scores by establishing three [...] |
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