NAHB wants buyer credit extended
The National Association of Home Builders threw
its support behind a proposal by the Business Roundtable to extend home buyer
tax credits.
The National Association of Home Builders threw its support behind a proposal by the Business Roundtable to enhance U.S. home buyer tax credits that expire this fall.
Joe Robson, chairman of the association, said extending the existing $8,000 first-time home buyer tax credit, which is due to expire in November, could “stoke the economic engine” when it is most needed.
"NAHB looks forward to working with all interested parties in the business community, on Capitol Hill and in the Obama administration to foster new ideas and policies that will help to get housing and the economy back on track, particularly at a time when the recovery is facing a number of significant challenges,” Robson said. “When the debate begins in earnest, we look forward to working with Congress to consider all appropriate tax measures to restore the health of housing and the nation's economy.”
The National Association of Home Builders threw its support behind a proposal by the Business Roundtable to enhance U.S. home buyer tax credits that expire this fall.
Joe Robson, chairman of the association, said extending the existing $8,000 first-time home buyer tax credit, which is due to expire in November, could “stoke the economic engine” when it is most needed.
"NAHB looks forward to working with all interested parties in the business community, on Capitol Hill and in the Obama administration to foster new ideas and policies that will help to get housing and the economy back on track, particularly at a time when the recovery is facing a number of significant challenges,” Robson said. “When the debate begins in earnest, we look forward to working with Congress to consider all appropriate tax measures to restore the health of housing and the nation's economy.”
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