Re/Max Gold
Jennifer Crabb
As of 8/16/10 the Franchise Tax Board has stopped accepting First-Time Buyer applications as of midnight Sunday, August 15, 2010.  They have received more than enough to fully allocation the $100 million. The FTB will continue to accept New Home reservation requests and applications until further notice. However, they will only issue approved certificates of allocation until the $100 million is exhausted. They will provide weekly updates on the number of certificates that have been mailed and the amount of credits that have been allocated starting August 19.  For up to the date information go to the following website http://www.ftb.ca.gov/individuals/New_Home_Credit.shtml

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