The tax credit incentive was a joyous ride for a lot of people! Those who had the means to pay a mortgage instead of rent will benefit in the years to come. The $8000 enabled new home owners to update less expensive older homes. It allowed them to put back the money they used for the down payment and or closing cost associated with home ownership.  The tax credit allowed family members to gift monies to help with the purchase of the home and then have it paid back to them after the tax credit was received. Some states like Washington and California  allowed the tax credit to be used during the closing process. This program, whether you agreed with it or not, helped a lot of families get into a home of their own. I know,home ownership is not for everyone, but this program helped, some families out run their inability to save enough money for  the purchase.

Some government programs just don’t work as we all know. Some programs can’t be measured. Most of us know someone who benefited from this one.  Let them feel proud they have a home to call their own.