NAHB Provides One-Stop Stimulus and Tax Credit Information
NAHB has created a Web page at www.nahb.org/2009stimulus with links to everything association members need to know about the $787 billion economic stimulus package that was signed into law in February.
NAHB members are encouraged to use the site to find information and resources on what is in the stimulus package, what it means to their customers and their business, how to promote the $8,000 tax credit to first-time home buyers, and how to take advantage of the many provisions that benefit the housing industry.
All of the promotional resources to help builders market the home buyer tax credit feature NAHB’s consumer Web site www.federalhousingtaxcredit.com. The site has attracted nearly 1 million visitors in just the last five weeks. The site’s explanation of the tax credit eligibility requirements, comprehensive Q&A and links to homeownership resources are helping potential home buyers understand the advantages of buying a home today.
Analysts at NAHB anticipate that the tax credit will result in about 160,000 additional home sales in 2009.
NAHB has also updated the popular consumer brochure, “Opportunity Knocks for Home Buyers,” which provides real examples of typical tax savings through the first five years of homeownership, explains the power of leveraging and provides other compelling and accurate information to consumers who are considering whether to purchase a home.
HBAs and members are encouraged to print this resource and distribute it in sales offices, at home shows and anywhere they have a consumer audience. Download the brochure PDF at: www.nahb.org/opportunitybrochure.
For more information on these resources, e-mail NAHB Public Affairs, or call Gwyn Donohue at 800-368-5242 x8447.