Adobe InDesign CS3 (5.0)
38 Probate & ProPerty j March/apri l 2009 On July 30, 2008, in response to rising foreclosure rates and decliinin house values, President Bush signed the Housing Assistance Tax Act of 2008 (the “Housing Act”) as part of the larger Housing and Economic Recovery Act of 2008, H.R. 3221, Pub. L. No. 110-289. The Housing Act provides several important tax law changes that are advantageous to individuals, includiin a temporary tax credit for first-time homebuyers, a new property tax deductiio for...