The Franchise Tax Board (FTB) announced August 6 that it has received 32,020 First-Time Buyer Credit applications totaling more than the credit limit of $100 million. As previously reported, the FTB will stop accepting first-time buyer applications at midnight Sunday, August 15, 2010.

The Franchise Tax Board (FTB) announced August 7 that it will stop accepting first-time buyer applications at midnight Sunday, August 15, 2010. This will insure that the FTB has more than enough applications to allocate the full $100 million in credits.

The Franchise Tax Board (FTB) announced August 7 that it will stop accepting first-time buyer applications at midnight Sunday, August 15, 2010. This will insure that the FTB has more than enough applications to allocate the full $100 million in credits.