tax credit: SHIP goes FHOP and leaves in its wake $8000
- 07/07/09 03:55 PM
July 1, 2009 marked the new fiscal year for SHIP (State Housing Initiative Program), a state funded down payment assistance program for low-level income home buyers. However, this year the $161 million grant used to fund this program has been cut to $30 million to fund the Florida Homebuyer Opportunity Program (FHOP). The $30 million is split amongst the counties of Florida. Each county then distributes the money based on city/area. In most areas, this will mean that less than 10 first time homebuyers in any given city/area will receive an advance on their $8000 tax credit to use towards the … (0 comments)
tax credit: Where my reward for paying my mortgage?
- 02/20/09 11:05 AM
Dear Mortgage Lender, Congress, and President Obama, In the past year, the USA has spent almost $2,ooo,ooo,ooo.oo (two trillion) that we know of to bailout businesses (banks, cars, etc.) and individuals that cannot pay their debts. In the most recent stimulus package, first time home buyers get a tax credit. What do non-first time home buyers get? Squat! People facing bankruptcy have a judge on their side to help them keep their homes by re-structuring their mortgage. What do people that pay their debts on time get? Squat! Big business just have to put their hands out and say we need … (1 comments)
July 1, 2009 marked the new fiscal year for SHIP (State Housing Initiative Program), a state funded down payment assistance program for low-level income home buyers. However, this year the $161 million grant used to fund this program has been cut to $30 million to fund the Florida Homebuyer Opportunity Program (FHOP).
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