Posts Tagged ‘refundable tax credit’

U.S. Senator Lisa Blunt Rochester and a group of Democratic lawmakers have reintroduced the First-Time Homebuyer Tax Credit Act to help make homeownership more affordable for young and middle-class Americans. The bill would provide a refundable tax credit of up to $15,000—equal to 10% of a home’s purchase price—for qualifying first-time buyers. The credit would…