Tax credit extends into 2011 for some in military

Programs assist with homebuying, credit cards, auto loans

A new law could provide an attractive housing option for many families near and around many military bases and shipyards.

While the biggest federal incentive for homebuyers expired for most consumers on April 30, members of the military could have an additional year to buy a home and claim the homebuyer tax credit.

The law allows service members another year to buy a home and claim the credit if they served on official extended duty outside of the United States for 90 days or more at any time between Jan. 1, 2009 and May 1, 2010.