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"First-time homebuyers could see some relief in the new year once elections are over," according to District Source. A tabled act may reduce the recordation tax levied on first-time buyers from 1.1 percent to 0.725 percent. While not up for re-election in 2014, Councilman David Grosso said he wants to "give people a leg up" with the currently tabled First-time Homebuyer Tax Credit Amendment Act of 2014. [DS]