affordable housing: Great News For First Time Home Buyers in Washington State - Down Payment Assistance Near
- 04/17/09 08:41 AM
Great news and big news for the residents of Washington State regarding home ownership, buying and selling. The Senate Ways and Means Committee last night unanimously approved a measure designed to help first-time homebuyers come up with a down-payment. The committee adopted the measure as an amendment to the proposed Senate biennial operating budget. The proposal would make the $8000 federal tax credit for first-time home buyers available at the closing of a home sale instead of when a buyer files a tax return. Homebuyers would repay the $8000 after filing for and receiving a tax refund. The amendment creates a (3 comments)
affordable housing: Affordable Housing in Everett and Snohomish County
- 10/19/06 07:50 AM
I just attended a breakfast meeting this morning held by The Housing Consortium of Everett and Snohomish County. Here are some scary statistics: "It would take close to four waiters, each with a median annual income of $18K, pooling their resources, to afford a single-family home in Snohomish County." "It would take at least 3.5 house cleaners, each making nearly $20K a year, pooling their resources, to afford a single-family home in Snohomish County." "It would take at least 2 teachers, each making $34K a year, pooling their resources, to afford a single-family home in Snohomish County." "It would take at least 1.65 roofers, (10 comments)