A Letter From My Senator

By
Real Estate Agent with Colorado Realty Professionals

I just got this email from US Senator Michael Bennet.  Since it relates directly to the housing market, the local economy, and the $8000 tax credit for home purchases, I wanted to share it here.

Dear Fellow Coloradan,

We all know that the struggling economy has put enormous pressure on Colorado’s families and businesses. That’s why we passed into law the American Recovery and Reinvestment Act (ARRA) in February. This package will work to put our economy back on track, creating or saving 59,000 jobs in Colorado, making historic investments in education, and helping our state grow the new energy economy.

In addition, the ARRA includes an expanded $8,000 first-time homebuyer tax credit for 2009 home purchases that will help to put money back into the pockets of middle class families while giving a good boost to the economy. The details are simple: If you have purchased a home in the last year, or are considering buying a home in the next few months, there are several different ways you can receive this tax credit - even if you already filed your tax return for this year.

I want to be sure that you and all other Coloradans know how to take advantage of this new, expanded tax credit, so I am issuing a “First-Time Homebuyer Tax Credit Alert.” This fact sheet will be available in all of my regional offices and offers information on how to maximize use of this credit. I encourage you to read my “alert” and see if you can take advantage of this tax credit. In addition, you can use the links below for more key information on how to claim this credit.

Throughout the year, I will continue to update you on important developments in Washington. However, I would also like to hear from you. I see my job as taking your experiences and ideas to Washington. Please email me with any questions or concerns you may have. I look forward to hearing from you.

Sincerely,

Michael F. Bennet, Senator for Colorado

Member of Senate Committee on Banking, Housing and Urban Affairs

View Michael Bennet’s ‘First-Time Homebuyer Tax Credit Alert’

View Information From The IRS on First-Time Home Buyer Tax Credit for 2009

View Information From The IRS on First Time Home Buyer Tax Credit for 2008

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