Laws & Taxes
Residents Invited to Free “Home Ownership and Credit” Workshop on Jan. 13
January 7, 2010 Posted by California RealEstateRama
January 7, 2010 - (RealEstateRama) — Long Beach residents are invited to a “Home Ownership and Credit” workshop on Wednesday, January 13, from 6:00 to 7:30 pm at the Neighborhood Resource Center, 425 Atlantic Ave.
Homebuilders Applaud Governor Schwarzenegger for Prioritizing Jobs, Economic Recovery and Housing in State of the State Address
January 7, 2010 Posted by CBIA
SACRAMENTO, CA - January 7, 2010 - (RealEstateRama) — California homebuilders applauded Governor Schwarzenegger for his determination to reinvigorate the state’s economy by focusing on jobs, streamlining the construction permitting process and establishing a new homebuyer tax credit.
Homebuyer Tax Credit - Morgan Hill Real Estate Update
December 23, 2009 Posted by Will Klopp - APR Morgan Hill
Morgan Hill, CA - December 23, 2009 - (RealEstateRama) — After much speculation by the general populace (and the real estate industry) and much consternation by Congress, the much-anticipated extension of the First-Time Homebuyer Tax Credit has been passed.
Senators Feinstein and Merkley Introduce Measure to Spur Renewable Energy Development
December 18, 2009 Posted by California RealEstateRama
Washington, DC - December 18, 2009 - (RealEstateRama) — U.S. Senators Dianne Feinstein (D-Calif.) and Jeff Merkley (D-Ore.) today introduced a measure to spur the development of renewable energy employment and construction, such as wind and solar farms and solar panel factories. The bill would primarily extend and expand a popular Treasury Department grant program that was established in Section 1603 of the American Recovery and Reinvestment Act of 2009 in order to help diminish the impact of the economic crisis on the renewable energy sector
McCarthy Supports Tax Credit for Small Businesses that Support Our Troops
November 16, 2009 Posted by California RealEstateRama
Washington, D.C. - November 16, 2009 - (RealEstateRama) — Congressman Kevin McCarthy joined House colleagues in cosponsoring bipartisan legislation, the Small Business and Military Family Assistance Act (H.R. 4042), that would extend a tax credit for small businesses that pay differential wages to their employees who are Armed Forces servicemembers and have been called up to active duty.
House Votes to Extend the First-Time Homebuyer Tax Credit
November 9, 2009 Posted by California RealEstateRama
Washington, DC - November 9, 2009 - (RealEstateRama) — This week, the House voted on legislation to extend the $8,000 first-time homebuyer tax credit through April 30, 2010, which is currently set to expire December 1, 2009. The bill also expands eligibility of the credit, raising the income eligibility cap on individuals to $125,000 and $225,000 for married couples, up from $75,000 and $150,000 respectively, and homes sold for more than $800,000 are ineligible.
PERLMUTTER VOTES TO EXTEND HOMEBUYERS’ TAX CREDIT, UNEMPLOYMENT INSURANCE BENEFITS, BUSINESS TAX RELIEF TO STIMULATE LOCAL ECONOMY
November 6, 2009 Posted by California RealEstateRama
Washington, DC - November 6, 2009 - (RealEstateRama) — U.S. Rep. Ed Perlmutter (CO-07) voted to stimulate the local economy and provide stability to American families hit hardest by the recession by extending the homebuyer’s tax credit, unemployment benefits, and tax relief for military families and businesses. The Emergency Unemployment Compensation Extension Act will provide immediate assistance, extending relief to millions of workers, families, and businesses nationwide.
Rep. Watson Votes to Extend Unemployment Insurance Insurance Benefits, Homebuyers’ Tax Credit, Business Tax Relief to Stimulate Local Economy
November 6, 2009 Posted by California RealEstateRama
Washington, DC - November 6, 2009 - (RealEstateRama) — Rep. Watson voted to stimulate the local economy and provide stability to American families hit hardest by the recession by extending unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses. The Emergency Unemployment Compensation Extension Act will provide immediate assistance, extending relief to millions of workers, families, and businesses nationwide.
Home buyers win big with federal tax credit extension
November 6, 2009 Posted by California RealEstateRama
LOS ANGELES, DC - November 6, 2009 - (RealEstateRama) — The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today commended Congress and the Senate for its swift actions in extending and expanding the provisions of the Federal Tax Credit for First-time Home Buyers. The U.S. House of Representatives earlier today voted 403 to 12 for passage, as did the U.S. Senate late yesterday. The legislation now goes to President Obama for signature.
Contact: HELEN MACHADO 202 225-1766 Congress Passes Extension of Unemployment Benefits
November 5, 2009 Posted by California RealEstateRama
Washington, DC - November 5, 2009 - (RealEstateRama) — Congresswoman Lucille Roybal-Allard (CA-34) voted to stimulate the local economy and provide stability to families hit hardest by the recession by extending unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses.
New-Home Construction Dips in September, CBIA Announces
October 26, 2009 Posted by CBIA
SACRAMENTO, CA - October 26, 2009 - (RealEstateRama) — New-home construction dipped again in September leading California homebuilders to strengthen the call for the Legislature to extend the successful homebuyer tax credit, the California Building Industry Association announced today
C.A.R. calls for extension of federal tax credit
October 26, 2009 Posted by CAR
C.A.R. calls for swift adoption of Dodd-Lieberman-Isakson amendment to extend home buyer tax credit. LOS ANGELES, CA - October 26, 2009 - (RealEstateRama) — The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today called for the U.S. Senate to swiftly adopt the Dodd-Lieberman-Isakson amendment, which would extend and amplify the hugely successful first-time home buyer tax credit until June 30, 2010.
Rep. Eshoo Votes for Healthcare and Housing for Service Members
October 9, 2009 Posted by California RealEstateRama
Washington, D.C. - October 9, 2009 - (RealEstateRama) — Today, Rep. Anna G. Eshoo (D-Palo Alto) voted for two key measures for service members and veterans. H.R. 1016, the Veterans Health Care Budget Reform and Transparency Act, speeds the delivery of funding for veterans health care and H.R. 3590, the Service Members Home Ownership Tax Act, assists service members looking to buy or sell their homes and extends home-buying incentives.
C.A.R. survey on impact of federal tax credit
September 21, 2009 Posted by CAR
Nearly 40 percent of first-time home buyers report federal tax credit played critical role in decision to purchase a home. LOS ANGELES, CA - September 21, 2009 - (RealEstateRama) — Nearly 40 percent of first-time home buyers said they would not have purchased a home if the federal tax credit for first-time home buyers was not offered, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2009 First-time Home Buyers Tax Credit Survey.” Understanding the significance of the federal tax credit to the housing market’s recovery, C.A.R. surveyed 200 California first-time home buyers to gauge the impact it had on their purchase decisions
Housing Production Dips in July as Tax Credit Expires, CBIA Announces
August 25, 2009 Posted by CBIA
CBIA says state new-home tax credit extension needed to bolster construction.
SACRAMENTO, CA – California homebuilders pulled back on new-home production in July as homebuyers retreated from housing markets around the state following the discontinuation of the successful homebuyer tax credit early in the month, the California Building Industry Association announced today.
