Article: Portland Smart Commute announced by U.S. Representative Earl Blumenauer; New incentives help Portland home buyers purchase homes near public transportation.

M2 PRESSWIRE-12 October 2004-Fannie Mae: Portland Smart Commute announced by U.S. Representative Earl Blumenauer; New incentives help Portland home buyers purchase homes near public transportation(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:10112004

PORTLAND, OR - Portland residents now have important financial incentives to purchase a home near public transportation. The Portland Regional Smart CommuteTM Initiative recognizes the potential cost savings available to users of public transit and allows qualified buyers to convert that savings into additional borrowing power for a home mortgage. U.S. Representative Earl Blumenauer (D-OR) today joined local ...

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