The economic recovery plan appears to be rebuilding one industry in Wisconsin. Nancy Caldwell, Executive Director of Madison Area Home Builders Association , says federal stimulus has regenerated interest in building and renovating homes. The plan has a temporary tax credit of $8,000 something she says makes first time home buyers decision "$8,000 easier."
The group is holding its annual 3-day Home Products Show, Friday through Sunday and is expecting a record turnout. She foresees a surge of people who until recently have been "holding off" on renovating their home or building a new one.
Caldwell says they are not charging admission to the show this year which she calls their version of "economic stimulus."
The Madison Area Home Builders Association is not only ones seeing renewed interest in housing development. A building contractor industry conference this week in Wisconsin Dells saw its registrations go up by 25% from recent years.