This newly-signed legislation contains quite a few parts, including a new tax credit for move-up buyers as well as extension of the timeframe for first-time buyers:
(Thanks to MMG for this excellent summary)
- Extended Timeframe for First-Time Homebuyers
- New Tax Credit for Move-Up Homebuyers
- Higher Income Caps
- Tax Incentives for Energy Savings
- Expanded Housing Assistance
Tax Credit [...]