Read the full article here: http://www.treehugger.com/files/2010/02/blu-homes-unfolds-reinvention.php

Federal Tax Credit

Federal legislation changes in November 2009 expanded and extended tax incentives for first time home buyers and in some cases, repeat home buyers. With this legislation, first time home buyers can receive a tax credit of up to $8,000; and repeat home buyers can receive a tax credit of up to $6,500. This means that if you are buying a home for $150,000 and put 10% down, or $15,000, you could recoup more than half of your down payment. That’s a huge savings!

However under federal guidelines, eligible home buyers must purchase or enter into a binding contract to purchase on or before April 30, 2010 and close by June 30, 2010.

Given our current building and delivery schedule, we have a limited number of homes that can be installed by June 30^th and meet this deadline – we would love to build your Blu home AND make sure you can achieve these savings, giving more opportunity for integrating extra green features, or just decorating and setting up your new Blu home.

 For full details about federal tax credits please visit:  http://www.federalhousingtaxcredit.com/home.html or http://www.irs.gov/newsroom/article/0,,id=204671,00.html

WALTHAM, Mass. — Jan. 27, 2010 /PRNewswire/ — Green Builder Blu Homes, Inc. today announced the launch of its Blu|Element Green Home product line and delivery of its first Element to Charlestown, RI native and local school bus driver Rainy Day. Blu|Element Green homes are eco-friendly and designed as an intimate single-family primary residence or charming vacation cottage or retirement home. Element is designed with value in mind and it maximizes living space. It features lovely high ceilings and abundant windows making it spacious and bright.

“Blu Homes allowed me to build my absolute dream home on my family’s farm right here in my home town,” said Rainy Day, Blu homeowner. “I’ve been looking for a green home that I could afford for years and Blu made the whole process fun and exciting.”

Blu’s break-through folding technology and computer modeling, factory construction and stronger materials allow Blu to build Elements quickly, economically ship them anywhere, and have Blu’s own highly-skilled staff efficiently unfold and complete the buildings on-site within days.

Blu|Element Green homes come in three sizes and includes a variety of one- or two-bedroom floorplans and many options on window, door and wall placement. Element features a unique combination of healthy, cool and green design options, including a fireplace and each Element features standard luxurious touches like a towel warmer in the bathroom. For more information on Blu|Element go to http://www.bluhomes.com/our-homes/element.

 Blu Homes unveiled its first product line, Blu|Origin, for commercial and residential applications late last year and delivered four Origins to late night talk show Lopez Tonight in September 2009. The buildings are serving as the show host’s personal dressing room, the “green” room (guest waiting area) and two guest dressing rooms. Blu also recently delivered an Origin as an addition to a 1930s bungalow vacation home in Rye, NH in December 2009. Element is the second of series of product lines Blu plans to roll out this year.

 Blu’s folding is an incredibly spectacular process to watch:

Our customers often ask us what makes folding so beneficial.  Here is our top ten list of the benefits of folding:

1. Blu homes are easier and more affordable to ship because the homes fold to as small as 8 feet wide, minimizing special permitting and extra costs to transport.
2. Blu homes are larger than any other modular building because they can unfold as large as 20 feet wide. 
3. Folding also creates higher ceilings, giving Blu homes a larger and more spacious feel.
4. Blu site work is fast because the home is already assembled.
5. The quality of our site work is better because the unfolding process is so fast that we are able send Blu’s skilled and highly trained staff to each installation, rather than relying on general contractors who are unfamiliar with the house. 
6. The small size of our shipments allows us to deliver via narrow roads and tough-to-reach sites.
7. Our relatively small shipments (typically one truck instead of multiple vehicles) reduces shipping pollution.
8. Factory construction creates less waste.
9. Our steel frames not only makes Blu’s buildings and homes more durable for folding & shipping, but also makes them sturdier for tough weather conditions – earthquake areas, flood zones, high wind areas.
10. Folding allows us to deliver our homes affordably, anywhere!