
In an effort to jumpstart the sagging housing market, Rep. Gary Ackerman (D-NY) plans to introduce legislation after the August recess that would provide up to $20,000 to nearly two million prospective home owners. Not since the Homestead Act of 1862 has a piece of legislation had the potential to make millions of Americans home owners while shoring up a housing glut that continues to weigh down the recovery. Read more


