if you live in MA, you might be interested:
“Hundreds of first-time home buyers in Massachusetts will be able to get an advance on an $8,000 federal tax credit, allowing them to apply the money to down payments and closing costs, under a new program unveiled by Governor Deval Patrick yesterday.
Under the plan, the state will loan $8,000 to eligible borrowers who buy a home before Dec. 1 and finance it through the state’s affordable housing bank, MassHousing. The loans will be interest free if repaid by June 1, 2010. By that time, buyers will be able to claim the $8,000 federal tax credit included in the federal Housing and Economic Recovery Act of 2009….”
