clock menu more-arrow no yes

Filed under:

Phew!

"First-time homebuyers could see some relief in the new year once elections are over," according to District Source. A tabled act may reduce the recordation tax levied on first-time buyers from 1.1 percent to 0.725 percent. While not up for re-election in 2014, Councilman David Grosso said he wants to "give people a leg up" with the currently tabled First-time Homebuyer Tax Credit Amendment Act of 2014. [DS]