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News

• American Recovery and Reinvestment Act of 2009 - EXTENDED (11-11-09)
• American Recovery and Reinvestment Act of 2009 (3-09)
• Energy Star Award Winner Again - Comfort, Quality, & Energy Savings (3-09)
• Registering an Account with Colony Homes (3-09)

American Recovery and Reinvestment Act of 2009 - Extended (11-11-09)

November 6th, 2009 the tax credit for first time home buyers was extended into April 30th, 2010. This extension includes up to a possible $8,000 tax credit for first time home buyers and NOW offers up to a possible $6,500 tax credit to current home owners that are qualifying taxpayers to April 30th, 2010.

More information can be found at the National Association of Home Builder's (NAHB) website, or the Manufactured Housing Institute's website.

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American Recovery and Reinvestment Act of 2009 (3-09)

Signed into law on February, the American Recovery and Reinvestment Act authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009.

Briefly, the tax credit is for first-time home buyers only and does not have to be repaid. The tax credit is equal to 10 percent of the home's purchase price up to a maximum of $8,000. The credit is available for homes purchased on or after January 1, 2009 and before December 1, 2009. There are some additional qualifications related to income and length of time in the home.

More information can be found at the National Association of Home Builder's (NAHB) website, or the Manufactured Housing Institute's website.

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Energy Star Award Winner Again - Comfort, Quality, & Energy Savings (3-09)

Colony Homes is very proud to announce for the third straight year our selection by the Environmental Protection Agency in March 2009 with the ENERGY STAR® Leadership in Housing Award, following our success the year before recieving the Leadership in Housing Award and as the ENERGY STAR® Partner of the Year for 2007 - New Homes. Our Colony Homes division is one of the leading builders of ENERGY STAR qualified homes in the northeast. Compared with standard homes, ENERGY STAR qualified homes use substantially less energy for heating, cooling, and water heating. The typical household can save up to 30% on its energy bills – more than $600 per year – while improving home comfort and helping the environment.

Click here to learn more about what ENERGY STAR can mean for you.

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Registering an Account with Colony Homes (3-09)

NEW to Colony Homes website March 2009, is the capability to register and save information about homes that you are interested in. Click the “Register” link in the top right corner of any page through-out Colony ’s website and you can start to build a home of your dreams. You will be able save and customize homes with options that are available, contact builders and download PDF brochures of homes of homes that you are interested in and receive information from Colony Homes via e-mail if you choose. Keep checking back in the future, for more new exciting things are to come for you and your journey in buying a home.

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