First-Time HomeBuyer Savings Accounts

Alabama REALTORS® Champion First-Time Homebuyer Savings Accounts — Again

Having spearheaded the effort to create a First-Time Homebuyer Savings Account program in Alabama back in 2018, Alabama REALTORS® revisited the legislation as the end of a five-year sunset clause approached.  A Call for Action reminded lawmakers how important the tax-free savings accounts are for aspiring homebuyers, and the law…...

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Thanks to Alabama REALTORS®, First-time Homebuyers Can Now Save for Down Payments and Closing Costs

Armed with polling results and economic research provided by the REALTOR® Party’s Issue Mobilization Grant and legislative language based on an existing model, Alabama REALTORS® convinced the state legislature to create a First-time and Second-chance Homebuyer Savings Account program....

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