New and "improved" cash for shacks...

[melonleftcoast]

Home Ownership Moves the Economy (HOME) Act of 2009: H.R.2801

http://www.govtrack.us/congress/bill.xpd?bill=h111-2801

If this is a repeat post, then I apologize. I don't recall seeing it mentioned here on Seattle Bubble. According to the govtrack website, it doesn't look like it has made it out of committee ... yet.

So to those of us thinking the government is actively trying to encourage a new housing bubble to keep the economy afloat, the "improvements" to this bill certainly validate our views.