Wilmington, NC

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What's Going On In Wilmington

Friday night it is Cape Fear Community College's first ever Homecoming celebration. If you are an alumni, join in the celebration at the CFCC Schwartz Center lobby before the men's basketball game. Be there at 6:00 p.m. for free appetizers and your chance to win door prizes. Bring your alumni membership card for free admission to the reception and game. Call 910-362-7659 to RSVP.
The Cameron Art Museum will focus on Civil War history, but not in the form of paintings. The museum is holding a Civil War living history weekend for the 144th anniversary of Battle of Forks Road, which happened on the museum's historic site. It runs from 10:00 a.m. until 5:00 p.m. The event is free.
The Full Belly Project is holding its Feast Against Famine fundraiser. There will be a buffet, beer, wine, entertainment and live and silent auctions. It is happening at the Coastline Convention Center Saturday night from 6:00 p.m. until 10:00 p.m. Tickets are $50 in advance, $60 at the door. You can buy tickets by calling 910-452-0975.
New Hanover County's 5th Polar Plunge is taking place at the Carolina Beach Boardwalk Saturday. Music, food and a costume contest begins at 11:00 a.m. At 3:00 p.m., line up to take a dip into the Atlantic. In order to participate, you have to raise at least $50. Money raised goes to the Special Olympics.
This weekend, you can begin gearing up for your St. Patrick's Day celebration. A pint glass workshop takes place Saturday and Sunday at Burchetta Glassblowing Studio and Gallery in Wilmington. You can design and make your own hand blown pint glass. It runs from 10:00 a.m. until 2:00 p.m. It is $50 per person.

Stimulus Package Tax Credit for Homebuyers

A lot of questions have been asked about the latest stimulus package awaiting approval from the President. Probably one of the most important factors of the package for the housing industry is the home buyer tax credit. The bill provides for a $8,000 tax credit that would be available to first-time home buyers for the purchase of a principal residence on or after January 1, 2009 and before December 1, 2009. The credit does not require repayment. Most of the mechanics of the credit will be the same as under the 2008 rules: the credit will be claimed on a tax return to reduce the purchaser's income tax liability. If any credit amount remains unused, then the unused amount will be refunded as a check to the purchaser.

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