$8,000 First-Time Home Buyer Tax Credit for Down Payments on FHA Loans

8000-first-time-home-buyer-tax-credit-for-down-payments-on-fha-loans1 $8,000 First-Time Home Buyer Tax Credit for Down Payments on FHA Loans? The Department of Housing and Urban Development (HUD) account last week that first time home buyers would be able to use the $8,000 "first-time home buyer tax credit" for down payments on FHA loans through the use of bridge loans.