Editor’s note: We are monitoring government moves regarding the first-time home buyer tax credit and will update this page as necessary. President Trump wants to fix the housing market. Treasury Secretary Scott Bessent recently said that the administration may declare "a national housing emergency" soon. What would that look like? And will the first-time home buyer tax credit return? Read more: How much house can I afford? Will the first-time home buyer tax credit return? Little has been officially relea ...