Notice is a historical project of the Committee for a Responsible Federal Budget, which tracked the money spent by the 2009 stimulus bill. This site is not regularly updated.

Housing Tax Credits

July 1, 2008
Economic Target: 
Action Type: 
Maximum Amount: 
$17.45 billion
Amount Spent: 
$12.28 billion
Deficit Impact: 
$12.28 billion

The Housing and Economic Recovery Act of 2008 included several stimulative housing measures, including an increase in the low-income housing tax credit and created the first-time homebuyer tax credit.


Maximum amount reflects the peak cumulative cost of the provision over the 2008-2018 period. Amount spent and deficit impact reflect CBO's estimated ten-year budget impact of the provision (

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