Green Options » $10000 http://greenoptions.com/tag/10000 Posts tagged '$10000' Fri, 03 Jul 2009 15:48:41 +0000 http://wordpress.org/?v=2.5.1 en $10K Tax Credit for Green Construction Ending Soon http://greenbuildingelements.com/2009/07/03/10k-tax-credit-ending-soon/ http://greenbuildingelements.com/2009/07/03/10k-tax-credit-ending-soon/#comments Fri, 03 Jul 2009 15:48:41 +0000 Keith Rockmael http://greenbuildingelements.com/2009/07/03/10k-tax-credit-ending-soon/ Time is running out. No, that isn’t another car sell or a joke to keep GM in business but if you want to have your hand out to receive the $10,000 tax credit for purchasing a hopefully green new construction property (or even a condo in a dirty building) then you better do so soon.

That mammoth amount of cash that the state provided to steer buyers to the dormant new construction market has dwindled to only $12 million. May proved to be a boon for buyers taking advantage of the tax credit as buyers claimed approximately $30 million. The California Franchise Tax Board speculates that the $100 million fund will be “wiped out by August 2009 and the incentive will not be extended.”

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