Industry NewsMortgage

NAR: Keep tax credit through 2010

Isakson reportedly not on board for another reprieve
Published on Feb 22, 2010

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

The National Association of Realtors is reportedly lobbying lawmakers to extend the homebuyer tax credit through the end of 2010, but Sen. Johnny Isakson -- the former real estate broker who championed the industry's cause last year -- is apparently not on board.

Linda Goold, NAR's director of tax policy, told Realtors attending the group's annual convention in November that last fall's extension of the tax credit was a "nip and tuck" affair, with lawmakers making "us promise, practically in blood, that we would not come back" and request another extension (see story).

Comments