ABD Development Company Foresees Big Boost for Move-Up Home Buyers in $6,500 Federal Tax Credit

ORLANDO, Fla. --- The recently-enacted $6,500 U.S. federal tax credit for new home buyers includes a provision that particularly interests ABD Development Company in Orlando: though smaller than the incentive for first-time home buyers that ends Nov. 30, the new $6,500 tax credit is available to all home owners, even those who already own a home.

“The new tax credit incentive targets move-up buyers---young families who have outgrown their starter home or older adults whose children are grown and who want to down-size their lifestyle,” explained David Kohn, president of ABD Development Company.

ABD Development, which ranks as one of Central Florida’s largest custom home builders, is also the developer of Providence Golf & Country Club in Polk County.

ABD builds award-winning single-family homes priced from the $300s at Heritage Green at Providence that offer an excellent choice for move-up home buyers. Spacious, energy-efficient and designed for active family lifestyles, Heritage Green at Providence is the perfect move-up neighborhood, Kohn said.

ABD also builds distinctive luxury town homes priced from the $300s at Lakeside Villas at Providence.

“For active adults who want to spend more of their time enjoying their lifestyle, Lakeside Villas at Providence provides a unique environment,” Kohn said.

ABD also builds distinctive new three, four, five and six-bedroom family homes priced from the mid $300s at Windsor Landing at Wyndham Lakes Estates in south Orlando.

“Substantially reduced pricing, record low interest rates and now a $6,500 tax credit means the door is open for move-up home buyers to take advantage of what will likely be remembered as the best opportunity of our lifetimes,” Kohn said.

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For more information contact:
Alene Raskin, Marketing Manager, ABD Development Company 407-370-6400
David Kohn, President, ABD Development Company 407-370-6400
Larry Vershel or Beth Payan, Larry Vershel Communications 407-644-4142