Finance
Massachusetts homebuyers may be eligible for the 'Earned Income Tax Credit' (EITC). While primarily a federal program, it affects Massachusetts real estate because:
AIt directly reduces mortgage payments
BIt increases disposable income for low-to-moderate income buyers, improving their ability to afford homeownership✓ Correct
CIt specifically covers home purchase costs
DIt is only available for rental properties
Explanation
The EITC is a federal (and Massachusetts state) tax credit for low-to-moderate income workers. The refundable credit increases disposable income, which can help qualified buyers save for down payments and afford monthly housing costs.
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