First-time homebuyers hoping to receive a state tax credit have until midnight Sunday Aug. 15 to apply.
By Friday the state already had received more than 32,000 applications. However, some of those may be invalid or duplicates.
The state Franchise Tax Board estimates it can offer only about 20,000 certificates to valid applicants.
California has set aside up to $100 million in tax credits for first-time buyers. Those buyers can receive a credit of up to $10,000 taken over three years.
For details on applying, go to the tax board’s first-time buyer web site.
— Robert Digitale