[Federal Register Volume 71, Number 103 (Tuesday, May 30, 2006)]
[Presidential Documents]
[Page 30559]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 06-4983]


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  Federal Register / Vol. 71, No. 103 / Tuesday, May 30, 2006 / 
Presidential Documents  

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 Title 3--
 The President

[[Page 30559]]

                Proclamation 8024 of May 24, 2006

                
National Homeownership Month, 2006

                By the President of the United States of America

                A Proclamation

                Owning a home is an important part of the American 
                dream. During National Homeownership Month, we raise 
                awareness of homeownership and encourage more Americans 
                to consider the benefits of owning their own home.

                Nearly 70 percent of Americans enjoy the satisfaction 
                of owning their own home, and my Administration 
                continues to promote an ownership society where the 
                promise of America reaches all our citizens. The 
                American Dream Downpayment Act of 2003 is helping 
                thousands of low to moderate income and minority 
                families with downpayment and closing costs, which 
                represent the greatest barrier to homeownership. Since 
                2002, when I announced our goal to help 5.5 million 
                minorities become homeowners by the end of this decade, 
                the rate of minority homeownership has climbed above 50 
                percent, and more than 2.5 million minority families 
                have become new homeowners. My Administration will 
                continue to provide counseling and assistance for new 
                homebuyers and expand homeownership opportunities for 
                all Americans.

                During National Homeownership Month and throughout the 
                year, we applaud the men and women who work to achieve 
                the dream of homeownership, and we are grateful for 
                those who provide counseling, lending, real estate, 
                construction, and other services to these individuals. 
                The hard work, financial discipline, and personal 
                responsibility of our country's homeowners help 
                transform neighborhoods throughout our Nation and 
                reflect the best qualities of America.

                NOW, THEREFORE, I, GEORGE W. BUSH, President of the 
                United States of America, by virtue of the authority 
                vested in me by the Constitution of the United States 
                of America, do hereby proclaim June 2006 as National 
                Homeownership Month. I call upon the people of the 
                United States to join me in building a more hopeful 
                society and recognizing the importance of expanding the 
                ownership of homes across our great Nation.

                IN WITNESS WHEREOF, I have hereunto set my hand this 
                twenty-fourth day of May, in the year of our Lord two 
                thousand six, and of the Independence of the United 
                States of America the two hundred and thirtieth.

                    (Presidential Sig.)B

[FR Doc. 06-4983
Filed 5-26-06; 8:45 am]
Billing code 3195-01-P