[Weekly Compilation of Presidential Documents Volume 44, Number 21 (Monday, June 2, 2008)]
[Pages 764-765]
[Online from the Government Publishing Office, www.gpo.gov]

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Proclamation 8263--National Homeownership Month, 2008

 May 29, 2008

 By the President of the United States

 of America

 A Proclamation

    For many Americans, owning a home represents freedom, independence, 
and the American dream. During National Homeownership Month, we 
highlight the benefits of owning a home and encourage our fellow 
citizens to be responsible homeowners.
    My Administration is committed to helping Americans achieve their 
dreams of homeownership. We have worked to ensure that the mortgage 
industry is more transparent, reliable, and fair, and in order to 
sustain homeownership, we have launched initiatives to help responsible 
homeowners keep their homes. The FHASecure program has given the Federal 
Housing Administration more flexibility in refinancing mortgages for 
homeowners who have good credit histories but cannot afford their 
current payments. In addition, the HOPE NOW Alliance connects struggling 
homeowners with lenders, loan servicers, and mortgage counselors to help 
families stay in their homes. Homeowners deserve our help, and these 
initiatives assist those in need.
    During National Homeownership Month and throughout the year, I 
encourage all Americans to take advantage of financial education 
opportunities to explore homeownership. My Advisory Council on Financial 
Literacy is finding ways to help educate people from all walks of life 
about matters pertaining to their finances and their futures. By 
practicing fiscal responsibility, Americans can contribute to the 
strength of our neighborhoods and our country.
    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 2008 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 for themselves and their communities.
    In Witness Whereof, I have hereunto set my hand this twenty-ninth 
day of May, in the year of our Lord two thousand eight, and of the 
Independence of the United States of America the two hundred and thirty-
second.
                                                George W. Bush

 [Filed with the Office of the Federal Register, 10:13 a.m., June 2, 
2008]

Note: This proclamation will be published in the Federal Register on 
June 3.

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