Up to $7,500 Federal tax credit for qualified first-time homebuyers. Act soon. If you're looking for a new home, there's reason to act now! Congress has just approveda tax credit to help first-time homebuyers (or those who have not owned a home within the past three years).
Click below to learn more. The credit is a federal tax credit subject to qualifications, conditions and restrictions and repayment of the tax credit is required. The credit is only available for a limited time. Details are set forth in PL 110-289 and general information is available at:
City of Peoria programs to help home buyers are shown on the link below: