[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H. Con. Res. 415 Referred in Senate (RFS)]

  2d Session
H. CON. RES. 415


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             June 18, 2002

 Received and referred to the Committee on Banking, Housing and Urban 
                                Affairs

_______________________________________________________________________

                         CONCURRENT RESOLUTION


 
    Recognizing National Homeownership Month and the importance of 
                  homeownership in the United States.

Whereas the President has issued a proclamation proclaiming June 2002 as 
        National Homeownership Month;
Whereas owning a home represents the American dream for our Nation's families;
Whereas the national homeownership rate has increased to 67.8 percent, higher 
        than at any other time in history for all demographic groups, and 
        homeownership rates among


minority families are increasing faster than such rates for the population 
as a whole;

Whereas the purchase of a home is oftentimes a family's largest personal 
        investment;
Whereas homeownership provides economic stability and security for homeowners 
        and their communities by allowing homeowners to build wealth over the 
        life of the home and have a greater stake in local schools, civic 
        organizations, and churches;
Whereas improving homeownership opportunities requires the commitment and 
        cooperation of private, nonprofit, and public sectors, including the 
        Federal Government and State and local governments; and
Whereas the current policies of the United States Government and the Congress 
        encourage homeownership and should continue to do so in the future: Now, 
        therefore, be it
    Resolved by the House of Representatives (the Senate concurring), 
That the Congress--
            (1) fully supports the goals and ideals of National 
        Homeownership Month; and
            (2) recognizes the importance of homeownership in building 
        strong communities and families in the United States.

            Passed the House of Representatives June 17, 2002.

            Attest:

                                                 JEFF TRANDAHL,

                                                                 Clerk.