Washington, DC - November 9, 2009 - (RealEstateRama) -- On Thursday, the House of Representatives overwhelmingly passed HR 3548, the Worker, Homeownership, and Business Assistance Act of 2009 by a vote of 403 to 12. This bill provides critical aid to families in Southeast Michigan and across the country in the form of extended unemployment benefits, tax relief to businesses, and an extension and expansion of the homebuyers’ tax credit.
WASHINGTON, DC - November 6, 2009 - (RealEstateRama) -- Thursday, the U.S. House of Representatives passed H.R. 3548, the Worker, Homeownership and Business Assistance Act of 2009, to provide up to 14 additional weeks of unemployment for jobless workers, with an extra six weeks for those in high unemployment states such as Michigan who have or soon will run out of benefits. The bill, which passed the U.S. Senate on Wednesday, will now go to the president to be signed into law.
$8,000 Credit, Which Is Helping Home Sales Rebound, Is Set to Expire at the End of Next Month. Washington, D.C. - October 22, 2009 - (RealEstateRama) -- Congressman Gary Peters today urged House leadership to extend the first-time homebuyer tax credit, a measure enacted in February that saves new homebuyers thousands of dollars and has helped the U.S. housing market rebound in recent months. The credit is set to expire November 30th. Congressman Peters, along with a bipartisan group of colleagues, today sent a letter (text below) to House Speaker Nancy Pelosi and Minority Leader John Boehner expressing their desire to extend the credit’s deadline.
March 30, 2009 - (RealEstateRama) — Legislation is on the move under the Capitol Dome to provide homeowner relief by way of a tax credit. Senate Bill 346, provides a tax credit for all homebuyers purchasing a home as their principle residence. If passed, the tax credit would be available to Michigan homebuyers from January 1, 2009 to January 1, 2011
March 23, 2009 - (RealEstateRama) — Legislation is on the move under the Capitol Dome to provide homeowner relief by way of a tax credit. Senate Bill 346, provides a tax credit for all homebuyers purchasing a home as their principle residence