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No income limitations? Not limited to first time buyers?
A quiet little news item that for some reason isn’t grabbing as much headline attention as I would expect… has me a little curious about the validity. A quick search points to several mentions, but all trace back to blogs on new home builder sites, and PR releases from builders like THIS ONE. I guess that makes sense, but I’d expect to see more attention drawn to this, or something pointing to an official CA.GOV page.
If this is legitimate, it is in some ways BETTER than the federal tax credit of $8000 to first time buyers with qualified income. And if you are a first time buyer in California, you could be eligible for both!