Penn Homes Blog

Home Buyer Tax Credit 101

Categories: Financing & Taxes, First Time Homebuyers, Understanding Credit 1 Comment »

The market here in Shreveport, LA has definitely picked up. We have been blessed as our local economy has remained strong these last two years. Here at Penn Homes we have not had unsold homes on the ground. Everything has sold. And now suddenly calls are flooding our offices and website hits are increasing daily as people rush to capture the tax credit before time runs out. First time homebuyers may be eligible for an $8000 tax credit. This amount is based upon your MAGI.

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Why Brick is Green, Not Red

Categories: Green Building 2 Comments »
  • Brick is fully compliant with ASTM C21607a: Standard Specification for Facing Brick (Solid Masonry Units Made from Clay or Shale). No other material, except for brick made from genuine clay or shale, can make this claim.
  • Walls built of brick don’t need immediate replacement because of severe conditions. Brick exceeds the 34 mph resistance requirement for high velocity hurricane zones in the Florida building code, and it inherently fireproof.

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Rural Development Home Loans

Categories: Financing & Taxes, Greenwood Louisiana 1 Comment »

In an effort to expand affordable home ownership in Louisiana, the LA Housing Financing Agency partnered with Rural Development Program Initiative of the U.S. Dept. of Agriculture. Purchase price limits vary according to whether a home is new or existing or if it is in a targeted or non-targeted area. Also, the homebuyer must use the house as his/her principal place of residence. And it just so happens that all of our Greenwood home plans in Southwind qualify for this incredible financing option. Read the rest of this entry »

Bloom Box

Categories: Green Building 4 Comments »

One man with over 40 patents in electrochemical energy conversion is one of the founding fathers of model fuel cell technology with a career that dates back to the 1960s managing Gemini fuel cell projects for NASA. The second man regarded as one of NASA’s top experts in trace contaminant control and air revitalization for life support systems. The third a professor of Aerospace and Mechanical Engineering at the University of Arizona who worked for the NASA Mars program to convert the Martian atmospheric gases to oxygen for propulsion and life support. These three men came together in 2001 to form Bloom Energy headquartered in Sunnyvale, CA with the goal to develop clean, reliable, affordable, on-site power to provide a clear path to energy independence. Read the rest of this entry »

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