To amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases.
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Amends the Internal Revenue Code to allow purchasers of a single-family principal residence a one-time tax credit for up to $15,000 of the purchase price. Requires such a residence to be purchased after February 29, 2008, and before March 1, 2009, and that it be: (1) a new previously unoccupied residence for which a building permit has been issued and construction began on or before September 1, 2007; (2) an owner-occupied residence with a mortgage indebtedness in default on or before March 1, 2008; or (3) in foreclosure and owned by the mortgagor or the mortgagor's agent.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 214: To amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases.. 111th Congress. Open America. https://openamerica.io/bill/111-HR-214/
"H.R. 214: To amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases.." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-214/.
H.R. 214, 111th Cong. (2026), https://openamerica.io/bill/111-HR-214/.
[H.R. 214: To amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases.](https://openamerica.io/bill/111-HR-214/)