Video Transcript
There are now 9 housing bills in Congress all introduced this year that give direct support to home buyers. We've been tracking them on the website at homebuyer.com/ congress. Among them, it's a bill that gives $15,000 tax credit for buying your first home. There's a bill that lets you withdraw $50,000 from a retirement account penalty-free if you're buying your first home. And a bill that gives up to $30,000 in cash grants for making a down payment or paying closing costs. Not all the bills are going to pass into law, but your legislators are making a go of it. We're watching them so you don't have to. Subscribe to know first. I'm Dan with Homebuyer.com. Happy homebuying..
9 Housing Bills That Could Help America's Home Buyers
Nine housing bills have been introduced in Congress this year aimed at supporting home buyers. These include a $15,000 tax credit for first-time home purchases and a provision allowing penalty-free withdrawals of $50,000 from retirement accounts for first-time buyers.
Video Transcript
There are now 9 housing bills in Congress all introduced this year that give direct support to home buyers. We've been tracking them on the website at homebuyer.com/ congress. Among them, it's a bill that gives $15,000 tax credit for buying your first home. There's a bill that lets you withdraw $50,000 from a retirement account penalty-free if you're buying your first home. And a bill that gives up to $30,000 in cash grants for making a down payment or paying closing costs. Not all the bills are going to pass into law, but your legislators are making a go of it. We're watching them so you don't have to. Subscribe to know first. I'm Dan with Homebuyer.com. Happy homebuying..
