Today, the House of Representatives voted 403-12 in favor of extendingthe first-time home-buyer tax credit. It will be extended through April 30, 2010. Yesterday the Senate voted 98 to 0 in favor of the extension.
It has been reported that President Obama will sign the Dodd-Lieberman-Isakson amendment which includes the bill’s extension and expands the federal tax credit for first-time home-buyers. The amendment extends the tax credit through April 30, 2010.
The President is planning on signing the amendment as soon as tomorrow.
I will have more information on this bill in the coming days.