First Time Home Buyer Tax Credit FAQ

Click on the following link to learn more about the new First Time Home Buyer Tax Credit:

http://www.federalhousingtaxcredit.com/2009/faq.php#9

Please note that in order for the tax credit to be accessed by prospective Alabama home owners when they PURCHASE a home (not afterwards), the Alabama Housing Finance Authority would need to have the blessing of the state legislature.  It is unknown at this time whether or not this will happen.