Merkley Housing Plan.

PR is HERE; PDF file with plan is HERE.

The Hill summary of the plan is HERE. 

Liked the $5,000 first time homebuyer tax credit, but if it isn't revenue neutral would appear there needs to be a source of funding to pay for it (assuming some sort of PAYGO provision would apply). 

Also didn't see any mention of HUD budget or roles of FHA and GSE's, which are likely to be big political arguments in the coming year. 

Originally created and posted on the Oregon Housing Blog.