U.S. Sen. Baldwin: Rolls out bill to lower costs for first-time homebuyers

WASHINGTON, D.C. – Senator Tammy Baldwin (D-WI) and her colleagues introduced legislation to lower the cost of purchasing a home for first-time buyers. The First-Time Homebuyer Tax Credit Act, which would support homeownership by establishing a refundable tax credit worth up to 10 percent of a home’s purchase price – up to a maximum of $15,000 – for first-time homebuyers. “Wisconsin families shoul...