Industry NewsMortgage

Obama open to extension of tax credit

Bipartisan support builds for first-time homebuyer program
Published on Oct 5, 2009

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

White House spokesman Robert Gibbs today confirmed that President Obama supports an extension of the first-time homebuyer tax credit, along with prolonging jobless benefits and health care subsidies for unemployed workers.

Briefing reporters, Gibbs said the measures don't amount to a second stimulus plan.

Evidence of bipartisan support in the Senate for extending the first-time homebuyer tax credit was also on display Sunday ...