[United States Statutes at Large, Volume 121, 110th Congress, 1st Session]
[From the U.S. Government Publishing Office, www.gpo.gov]

 
PROCLAMATION 8154--JUNE 1, 2007

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.
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.
GEORGE W. BUSH