Construction Begins at Woodland Estates
July 7, 2010 marks the beginning of construction for Woodland Estates Active Adult Community. Dufresne & Son’s Enterprise officially stated installing the sewer line running along Rindge road to the entrance of Woodland Estates. It is estimated to take approximately 3 to 4 weeks to run the 2250′ of sewer line from Stoneybrook Village to the entrance of Woodland Estates.
US Senate Adopts Extension of Home Buyer Tax Credit
Last night, by a vote of 98-0, the United States Senate adopted an extension of the home buyer tax credit which was due to expire on December 1. The extension runs until June 30, 2010. The tax credit applies to purchasers of manufactured homes, including both ‘home only’ and ‘land/home’ transactions. First-time home buyers may claim a credit of up to $8000 if their annual income is less than $125,000 for individuals, and less than $225,000 for couples. In addition, the plan would allow a $6,500 tax credit for move -up home buyers who purchase a primary residence if they owned their current home for at least 5 consecutive years in the previous 8 years. The House is expected to pass the bill today or tomorrow, and President Obama is expected to sign the extension into law this week-end. Read the rest of this entry »