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







110th CONGRESS
  1st Session
H. RES. 477

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


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                    IN THE HOUSE OF REPRESENTATIVES

                             June 11, 2007

      Mr. Gary G. Miller of California (for himself, Mr. Frank of 
Massachusetts, Mr. Bachus, Ms. Waters, Mrs. Biggert, Mr. Hinojosa, Mr. 
Neugebauer, Mr. Clay, Mr. Davis of Kentucky, Mr. Manzullo, Mr. Al Green 
  of Texas, Mrs. McCarthy of New York, Mrs. Maloney of New York, Mr. 
  Watt, and Mr. Roskam) 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 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.
                                 <all>