“it’s official” yada yada… lot’s of noise about this on the ‘tubes in recent weeks, but Obama has officially signed off on everything. I’ve yet to confirm if the FHA will continue to allow buyers to monetize this credit [on FHA approved condos] in order to use it as a down payment. If so, that makes this program even more attractive.
The chart below is helpful in clearly outlining what’s available and changing.
