On February 17th of this year, President Obama signed the American Recovery and Reinvestment Act, which includes a provision for a tax credit available to Bennington, Vermont homebuyers.

The $8000 tax credit will be available to first-time buyers for a primary residence, purchased on or after January 1, 2009 and before December 1, 2009. The home owner is not required to repay the credit, and will be claimed as a reduction of income tax liability.

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