Help for first-time homebuyers to fix up older homes

Personal income tax: credit: first-time homebuyer program: required repairs.

Introduced· 2026-02-04

Who's it for

Who's it for: Everyday People

What it means for you

9/10Helps you

Good for everyday people ·

Plain‑English summary, cross‑checked against the official bill text.

This bill would give a tax credit to people who sell homes, helping them pay for repairs needed by first-time buyers.

Our take

What we think, in plain words.

This bill would help sellers of older homes afford repairs needed for first-time buyers using state programs. It means more people could buy homes that need a little work, and sellers would not lose a sale because of repair costs. This could make it easier for regular families to buy their first home. Some might say this is a special tax break, but supporters argue it helps more people become homeowners and keeps older homes in good shape. It is still early in the process, so people can still tell their lawmakers what they think.

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The facts

What the bill actually says, no spin.

This bill would create a tax credit for certain home repairs.
The credit would be for 40% of repair costs, up to $25,000.
Repairs must be required to sell a home to a first-time buyer using a state program.
It would last from 2028 to 2033.
The goal is to help more people buy homes and reduce failed sales.