WASHINGTON, Aug. 5 -- Sen. Michael Bennet issued the following press release:
Colorado U.S. Senator Michael Bennet, a senior member of the Senate Finance Committee, and U.S. Senator Jon Husted (R-Ohio) introduced the First-Time Homebuyer Empowerment Act. This bill would help first-time homebuyers by allowing them to put unused education savings toward a down payment.
"Across Colorado, too many young people and working families struggle to afford their first home," said Bennet. "This bill would allow first-time homebuyers to use the savings they already have to cover a down payment and help put homeownership within reach."
"I'm focused on helping working families get ahead and making life more affordable," said Husted. "Making homeowners...