[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 312 Introduced in House (IH)]






109th CONGRESS
  1st Session
H. RES. 312

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


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              June 9, 2005

Mr. Gary G. Miller of California (for himself, Mr. Oxley, Mr. Frank of 
   Massachusetts, Mr. Ney, Ms. Waters, and Ms. Harris) submitted the 
following resolution; which was referred to the Committee on Financial 
                                Services

_______________________________________________________________________

                               RESOLUTION


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

Whereas the President of the United States has issued a proclamation designating 
        the month of June 2005 as National Homeownership Month;
Whereas the national homeownership rate in the United States has reached a 
        record high of 69.1 percent and more than half of all minority families 
        are homeowners;
Whereas the people of the United States are one of the best-housed populations 
        in the world;
Whereas owning a home is a fundamental part of the American dream and is the 
        largest personal investment many families will ever make;
Whereas homeownership provides economic security for homeowners by aiding them 
        in building wealth over time and strengthens communities through a 
        greater stake among homeowners in local schools, civic organizations, 
        and churches;
Whereas improving homeownership opportunities requires the commitment and 
        cooperation of the private, public, and nonprofit sectors, including the 
        Federal Government and State and local governments; and
Whereas the current laws of the United States, such as the American Dream 
        Downpayment Act, encourage homeownership and should continue to do so in 
        the future: Now, therefore, be it
    Resolved,  That the House of Representatives--
            (1) fully supports the goals and ideals of National 
        Homeownership Month; and
            (2) recognizes the importance of homeownership in building 
        strong communities and families.
                                 <all>