Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Sen. Jacky Rosen, President Biden, Sen. Peter Welch, and Rep. Jimmy Panetta are advocating for legislation to assist first-time homebuyers. The proposed bills aim to provide tax credits ranging from $5,000 to $15,000 to help middle-class families purchase homes and alleviate the burden of high housing costs.
Owning a home is central to the American Dream. But the high cost of housing is making it difficult for hardworking Nevadans to buy a house. That’s why I helped introduce a bill to create a tax credit and help lower costs for first-time homebuyers. https://t.co/Ofu2ncndpw
Our legislation would provide qualifying first-time homebuyers with a $15,000 tax credit toward the purchase of a new home, providing them with the support that is needed to build wealth and put down roots in our communities. https://t.co/tvdbTtkU42
With the soaring cost of housing, the American Dream feels out of reach for too many young people. I'm proud to cosponsor @SenWhitehouse's First-Time Homebuyer Tax Credit Act, which provides a refundable tax credit up to 10% of a home's purchase price to new buyers.
