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NAHB Launches Tax Credit Web Site

The National Association of Home Builders has launched a federal tax credit Web site to help first-time homebuyers understand the tax credit provision of the recently enacted Housing and Economic Recovery Act of 2008.

The site is divided into four sections: an overview of the tax credit and eligibility requirements, frequently asked questions, the law’s other provisions, and homebuyer resources. NAHB says the site has already attracted more than 100,000 visitors. Only homes purchased on or after April 9, 2008 and before July 1, 2009 are eligible to earn the credit.

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