|
Our FirstHomes Tax Credit Program Has Officially Launched! |
Our recently launched FirstHomes Tax Credit program is another way for Rhode Island Housing to provide you with the tools you need to do your job. Many homebuyers are just learning of the tax credit and are turning to their REALTORS® for information about how they can take advantage of this exciting program.
The FirstHomes Tax Credit program was specifically designed to respond to the needs of our state's first-time homebuyers, helping them save up to $2,000 per year. The program offers income-eligible first-time homebuyers a tax credit providing a dollar for dollar reduction in their federal tax liability.
A buyer is eligible for the credit if they are a first-time homebuyer, or a non first-time homebuyer purchasing in targeted areas of the state.
To date, we have received 100 applications, with more coming in every day. Help your buyers get up to a $2,000 tax credit by using Rhode Island Housing's FirstHomes Tax Credit program -- this is perfect for first time buyers and lasts for the life of the loan. Don't let the savings pass your clients by.
Help us spread this exciting news to your clients so they are aware of and have access to this incredible money-saving opportunity.
If you would like more information on the FirstHomes Tax Credit and how it can help your clients save some extra money, please contact me and I would be happy to walk you through this valuable program.
Many thanks to Governor Chafee who joined Rhode Island Housing and our state lending and real estate partners as we officially launched our FirstHomes Tax Credit Program at a recent press event. Check out our photos from this exciting event. |
