Opportunity for Home Ownership Gets a Boost in Iowa
There has been a lot of positive news recently for first time home buyers in our state! Owning a home is still the dream of many Americans. Stability, responsibility, and opportunity are just a few words describing the benefits of owning a home. On Monday, Governer Terry Branstad announced a program that will allow eligible Iowans to benefit on their federal tax liability when they purchase a home.
Through the Take Credit mortgage credit certificate program, first time home buyers can reduce their tax liability up to $2000 per year the life of the mortgage. This is just one more advantage to investing in a home now; and thanks to Governor Branstad, more Iowans have a great opportunity.
For more details, visit http://www.iowafinanceauthority.gov/takecredit