[Weekly Compilation of Presidential Documents Volume 38, Number 12 (Monday, March 25, 2002)]
[Page 474]
[Online from the Government Publishing Office, www.gpo.gov]

<R04>
Statement on the Proposed ``Housing Affordability for America Act of 
2002''

March 20, 2002

    I commend Chairman Oxley, Housing Subcommittee Chairwoman Roukema, 
and Congressman Green for introducing H.R. 3995, the ``Housing 
Affordability for America Act of 2002,'' and look forward to working 
with them on the bill in the legislative process. Increasing housing 
opportunities for all Americans is a high priority for my 
administration. In particular, I am committed to increasing the 
opportunities for minority families to become homeowners.
    The purchase of a home is a unique commitment that benefits the 
homeowner and the community and ultimately the Nation. My budget 
contains proposals designed to increase homeownership and affordable 
housing opportunities. Through their hard work on the ``Housing 
Affordability for America Act of 2002,'' Chairman Oxley, Chairwoman 
Roukema, and Congressman Green have joined in this worthy effort.