Washington, DC - June 30, 2010 - (RealEstateRama) -- Congressman Baron Hill supported a straightforward and paid-for bill today that will directly help those Hoosiers who entered into a contract to buy a home to access the first-time homebuyer tax credit by April 30. H.R. 5623, the Homebuyers Assistance and Improvement Act, extends until October 1 the deadline for closing in order to be eligible for the credit. Under current law, these homebuyers were required to close by June 30 to receive the credit.“As of mid-April, about 40,000 Hoosiers had taken advantage of this tax credit,” Hill said. “It’s a targeted and timely credit that has rendered real success. I’ve heard from many constituents who asked me to support this extension in order to ensure they can get the credit.”
Washington, DC - May 7, 2010 - (RealEstateRama) -- Congressman Baron Hill successfully secured an amendment to the Home Star Jobs Bill, which was passed with bipartisan support by the U.S. House of Representatives yesterday evening, that will provide assistance to those living in older and unable-to-be updated manufactured houses to purchase new, energy-efficient ones. This helps Hoosiers in two important ways by replacing outdated homes (pre-1976) that cannot be weatherized, and creating a significant numbers of jobs in a hard-hit industry. In fact, the Systems Building Research Alliance estimates that Hill’s amendment will create more than 3,000 jobs in Indiana alone, and 50,000 nationwide
Washington, DC - May 3, 2010 - (RealEstateRama) -- Congressman Baron Hill is pleased to announce that the application period for the second round of Transportation Investment Generating Economic Recovery (TIGER) grants has begun. The second round of grants, officially called the National Infrastructure Investment Grants, but referred to as the “TIGER II Discretionary Grants,” is a $600 million competitive grant program for surface transportation projects that is similar, but not identical to, the first round of TIGER grants. The U.S. Department of Transportation (DOT) officially began soliciting applications as of Monday, April 26, 2010, with pre-applications due on July 16, 2010, and final applications due on August 23, 2010. Public comments regarding the projects will be considered until May 28, 2010. The DOT will announce the projects that have been selected to receive funding no sooner than September 15, 2010
Washington, DC - December 8, 2009 - (RealEstateRama) -- Congressman Baron Hill has successfully ensured that his property tax relief language included in the Housing Assistance Tax Act of 2008 will be incorporated into the Tax Extenders Act of 2009, H.R. 4213. The bill, which is scheduled for a vote tomorrow, would extend Hill’s property tax relief for another year.
Washington, DC - December 2, 2009 - (RealEstateRama) -- Congressman Baron Hill wants to remind Southern Indiana residents that potential homebuyers will be able to take advantage of the $8,000 homebuyer tax credit through next spring. The extension took effect yesterday, December 1, 2009, and will last until April 30, 2010
H.R. 3548 was passed by the House Thursday and signed into law by President Obama Friday. Washington, DC - November 10, 2009 - (RealEstateRama) -- Late last week, Congressman Baron Hill voted to stimulate the local economy and provide stability to American families hit hardest by the recession by extending unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses. The Emergency Unemployment Compensation Extension Act, H.R. 3548, will provide immediate assistance, extending relief to millions of workers, families, and businesses nationwide. The bill was passed by the House of Representatives on Thursday, November 5, 2009, and signed into law the next day by President Obama.
Bill ensures that men and women serving overseas get equal access to tax credits and benefits. Washington, DC - October 13, 2009 - (RealEstateRama) -- Late last week, Congressman Baron Hill voted in support of the Service Members Home Ownership Act of 2009, H.R. 3590. The bill was passed by an overwhelmingly bipartisan vote on the evening of Thursday, October 8, 2009.H.R. 3590 ensures that our service members, particularly those deployed overseas, will get equal access to the first-time homebuyer tax credit. For example, the legislation would ensure that certain payments under the Department of Defense Housing Assistance Program (HAP) are exempt from tax. And, the bill guarantees that services members will not have to repay the first-time homebuyer credit if they are called up for service overseas and forced to sell their home within three years of purchasing.
Washington, DC - July 17, 2009 - (RealEstateRama) -- Congressman Baron Hill is pleased to announce that the Bloomington Housing Authority is set receive $203,898.00 in grant money through the U.S. Department of Housing and Urban Development (HUD). The federal funds will come through HUD’s Veterans Affairs Supportive Housing program
Washington, DC - July 1, 2009 - (RealEstateRama) — Congressman Baron Hill announced two U.S. Department of Housing and Urban Development (HUD) grants today for the City of Bloomington.