June 11, 2009 - The following statement was issued by Joe Robson, chairman of the National Association of Home Builders (NAHB), in regard to enhancing the home buyer tax credit:
“The National Association of Home Builders supports the Business Roundtable’s efforts to promote policies that will stimulate housing demand. NAHB looks forward to working with all interested parties in the business community, on Capitol Hill and in the Obama Administration to foster new ideas and policies that will help to get housing and the economy back on track, particularly at a time when the recovery is facing a number of significant challenges.
“Due to expire at the end of November, the current $8,000 first-time home buyer tax credit has proved to be an effective policy targeted toward a specific demographic group that is showing tangible results. Enhancing this credit would help to stoke the economic engine at a key point in our recovery.
“When the debate begins in earnest, we look forward to working with Congress to consider all appropriate tax measures to restore the health of housing and the nation’s economy.”
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