First-Time Homebuyer Credit Extension Act of 2009

First-Time Homebuyer Credit Extension Act of 2009 - Amends the Internal Revenue Code to: (1) extend the first-time homebuyer tax credit and the waiver of recapture requirements for such credit through 2010; and (2) expand the election to treat a purchase of a principal residence as made in a prior taxable year for purposes of such credit.