[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 477 Engrossed in House (EH)]


                In the House of Representatives, U. S.,

                                                         June 25, 2007.
Whereas the President of the United States has issued a proclamation designating 
        the month of June 2007 as National Homeownership Month;
Whereas the national homeownership rate in the United States has reached a 
        record high of almost 70 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 creating affordable 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.
            Attest:

                                                                          Clerk.