The National Association of Home Builders threw its support behind a proposal by the Business Roundtable to extend home buyer tax credits.
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.
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
NAHB wants buyer credit extended
July 7, 2009