List Of New Home Buyer Tax Credit References. Starting in 2009, the federal government introduced a new tax credit, based on a down payment amount of $5,000, for first time home buyers that. You can now claim $10,000 of your first.

You can split the amount between everyone who is eligible to claim the credit for the same qualifying home. Eligible homebuyers may receive a tax credit of up to $750. If two or more individuals buy a mobile home or a floating home, a new housing rebate may be available where the mobile home or floating home is for use as the primary place of residence.