Federal Housing Tax Credit Website
May 7th, 2009
Question: I bought a house on 3/5/08 is there anyway I can still claim the Federal Housing Tax Credit?
Here is the website that talks about what i’m talking about.
http://www.federalhousingtaxcredit.com/index.html
Answer: No because you purchased your home after the start date of the credit. Even if you could, you would have to think about the fact that you need to pay back the entire amount of the credit in 15 years and if you sold your home before that time, it would all be due.
Nonprofits Nonplussed
At the Bayside Community Center in Linda Vista, things are humming along as they have since the center was founded in 1932 as a settlement house for families of Italian and Portuguese fishermen.
Tax credit apartments HUD compliance problems
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