[Federal Register Volume 72, Number 107 (Tuesday, June 5, 2007)]
[Presidential Documents]
[Pages 31169-31170]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 07-2827]


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  Federal Register / Vol. 72, No. 107 / Tuesday, June 5, 2007 / 
Presidential Documents  

[[Page 31169]]


                Proclamation 8154 of June 1, 2007

                
National Homeownership Month, 2007

                By the President of the United States of America

                A Proclamation

                Owning a home is part of the American dream, and 
                National Homeownership Month is an opportunity to 
                encourage our citizens to explore the benefits of 
                owning a home.

                Owning a home provides a source of security and 
                stability for many of our citizens. My Administration 
                is committed to fostering an ownership society and 
                helping more Americans realize the great promise of our 
                country. Today, nearly 70 percent of Americans own 
                their homes, and the rate of minority homeownership has 
                climbed to above 50 percent since I took office in 
                2001. The Department of Housing and Urban Development 
                is continuing to enforce the Fair Housing Act to 
                confront housing discrimination and advance equal 
                housing opportunities for everyone. We are also working 
                with the Congress to modernize the Federal Housing 
                Administration in order to better provide safe, fair, 
                and affordable mortgages to first-time homeowners, 
                minorities, and individuals with less than perfect 
                credit. In addition, the American Dream Downpayment Act 
                of 2003 is helping thousands of low to moderate income 
                and minority families with the downpayment and closing 
                costs on their homes. My Administration also continues 
                to support more funding for the Self-Help Homeownership 
                Opportunity Program and the HOME Investment Partnership 
                Program, which provide low-income citizens and 
                minorities with more homeownership opportunities.

                During National Homeownership Month and throughout the 
                year, I urge citizens to consider homeownership 
                opportunities in their communities, and I applaud 
                American homeowners for helping fuel the economy.

                NOW, THEREFORE, I, GEORGE W. BUSH, President of the 
                United States of America, by virtue of the authority 
                vested in me by the Constitution and laws of the United 
                States, do hereby proclaim June 2007 as National 
                Homeownership Month. I call upon the people of the 
                United States to join me in recognizing the importance 
                of homeownership and building a more prosperous future.

[[Page 31170]]

                IN WITNESS WHEREOF, I have hereunto set my hand this 
                first day of June, in the year of our Lord two thousand 
                seven, and of the Independence of the United States of 
                America the two hundred and thirty-first. 
                
                
                    (Presidential Sig.)

[FR Doc. 07-2827
Filed 6-4-07; 8:55 am]
Billing code 3195-01-P