April 02, 2013

WHEDA rolls out new homebuyer tax credit program

Homebuyers can apply for an up to $2,000 annual tax credit to offset their mortgage interest payments under a state program that started Monday.

The program is the first of its kind in Milwaukee. It is available statewide but will contribute to home purchases in Milwaukee, according to an announcement from the Wisconsin Housing and Economic Development Authority, which approved the program late last year to make use of $111.4 million in federal tax credits.

The program offers a federal income taxâ;€¦;

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