Friday, October 23, 2009

State ends first-time home buyer incentive program

As reported here:
A new incentive program offered by New York state to encourage first-time home ownership has halted its application process.

Less than two month after rolling out the Mortgage Credit Certificate program, the state asked its lenders this week to stop taking general applications....The program was meant to bridge a gap for first-time buyers who may have run out of time to qualify for the $8,000 federal tax credit