Home prices are climbing across the country, making purchasing a home even more difficult for first-time buyers. It’s only getting harder for young people — the average age of first-time buyers spiked to a record-high of 36 in 2022.

That’s why Martin introduced the First-Time Homebuyer Tax Credit Act to ensure working families aren’t shut out of the American dream of owning a house.

This bill will set up a refundable tax credit for first-time homebuyers worth up to 10 percent of the purchasing price and give homebuyers the opportunity to get the credit at the time of purchase with support from their mortgage issuer.

Will you help make housing more affordable by signing on as a co-sponsor to Martin’s First-Time Homebuyer Tax Credit Act? Add your name to our petition today:

Thank you,

Team Heinrich

Senator Martin Heinrich is committed to helping New Mexico become a leader in defense, tech, and energy with opportunities in every corner. If you would like to stay in touch but receive fewer emails from us, click here. If you would like to unsubscribe from emails altogether, click here.

Martin Heinrich for Senate
PO Box 25763
Albuquerque, NM 87125
United States