Saturday, November 28, 2009

Senior Academy Osher courses in The Villages

The Senior Academy for Education has negotiated with Osher Lifelong Learning Institute at Santa Clara University to continue courses at The Villages. The Villages courses had been offered through San Jose State University and that program was cancelled in June.

The Villages has the facilities, support of the Community Activities Department, and the Board of Directors are committed to promote academic courses that contribute to the intellectual stimulation of Villagers and the surrounding community.

Thank you Senior Academy for your months of negotiation on behalf of the senior community.

Friday, November 6, 2009

Villages Guest Rooms

The four Villages guest rooms are affected by the hotel tax imposed by the City of San Jose. San Jose has increased the hotel tax. Effective November 1, rates are $96 per night for the guest rooms with two queen size beds and $85 per night for the guest rooms with one queen size bed. These rates are inclusive of all taxes.

Homebuyer Tax Credit Extended! Signed Into Law November 6, 2009

President Obama has signed legislation to extend the Homebuyer Tax Credit. Passage of the bill was widely anticipated to further spur economic recovery in the housing sector, as more buyers are now eligible for tax breaks under the new law. The $8,000 first-time homebuyer tax credit was originally set to expire on November 30.

In addition to offering the $8,000 first-time homebuyer tax credit, the new law also allows a $6,500 credit for repeat or move-up homebuyers who have lived in their primary residence for five years or more.

The tax credits are available to buyers who sign purchase agreements on a new or existing primary residence between December 1, 2009, and April 30, 2010. Buyers would have until June 30 to close on their new homes.

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