WASHINGTON – November 7, 2011 – (RealEstateRama) — U.S. Representatives Mike Quigley (D-IL), John Carney (D-DE), Jim Renacci (R-OH), Pat Meehan (R-PA), and Daniel Webster (R-FL) introduced the “Creating Homeownership Opportunities Act,” bipartisan legislation that would create a pre-tax savings program – similar to a Health Savings Account – for the purpose of saving toward a down payment on a first home.
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