Thursday, February 18, 2010

California Governor Schwarzenegger argues for his Proposed State Homebuyer Tax Credit Program

California Governor Arnold argued support for his proposed CA first time homebuyer tax credit program.
This is part of his promotion of a $500 million jobs program that among other things would extend and expand the $10,000 CA homebuyer tax credit.

He argued:

  • Use another $200 million to extend the program and for the first time expand it to buyers of existing homes.
  • The construction of a new home doesn't just benefit homebuilders.  It triggers a chain reaction of framers, roofers, cement pourers, steel workers and other subcontractors who hire employees, as well as the purchase of furnishings and home accessories.
  • First time home buyers need help to access the American dream.

We agree that the California housing and new construction industry needs help to recover.  Perhaps this is part of that puzzle.


Harrison K. Long, Realtor & broker, Explore Group, Coldwell Banker Previews, Irvine, CA.  CA DRE #01410855.  Lawyer member of the California State Bar Association - State Bar number 69137.  Helping People with their Best Decisions About Real Estate at Orange County, California. 


Posted via email from Explore OC Homes


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