Washington, Feb. 5 -- Congressman Gus Bilirakis issued the following press release:
Today, Congressman Gus Bilirakis and Congressman Jimmy Patronis introduced the Save for Success Act, legislation designed to help first-time homebuyers achieve the dream of homeownership by allowing distributions from qualified tuition programs to be used for qualified housing expenses.
"For countless Americans, the goal of buying a first home has become increasingly out of reach even for those who have worked hard and played by the rules,"said Congressman Bilirakis. "Families are budgeting carefully, saving responsibly, and planning for their future, yet rising costs continue to put homeownership beyond their grasp. The Save for Success Act provides a pra...