There is a lot of confusion about a new federal housing tax credit that was part of the new stimulus package passed by congress and signed into law by President Obama this week.
 
According to  FederalHousingTax Credit.com Congress enacted a bigger and better home buyer tax credit.  A tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid. For more details on frequently asked questions you can go to http://www.federalhousingtaxcredit.com/2009/faq.php#1.

This would great time for you to use your tax refund to invest in your financial future. You can use these monies to establish a healthy credit report so you can make the dream of owning your own home a reality. HOPE can guide you through this process. If you are interested in finding out how, please call us at 704-503-3669. We look forward to hearing from you!