Week Ending Friday, July 28, 2006

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Author: George W. Bush  | Date: July 26, 2006

Statement on House of Representatives Action on the "Expanding American Homeownership Act of 2006",
July 26, 2006

I am pleased the House passed the "Expanding American Homeownership Act of 2006."

The Federal Housing Administration has helped millions of Americans become homeowners in communities throughout our country. I appreciate the House’s efforts to modernize this important program to ensure that it reflects the demands of today’s marketplace and addresses the current needs of potential home buyers. By providing the FHA with increased flexibility for mortgage downpayment requirements and the authority to tailor financing to suit a family’s unique situation, this bill will improve FHA’s ability to help lower and moderate-income families achieve the American Dream.

I encourage the Senate to join the House and pass this critical legislation.

Note: The statement referred to H.R. 5121.

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Chicago: George W. Bush, "Statement on House of Representatives Action on the Expanding American Homeownership Act of 2006, July 26, 2006," Week Ending Friday, July 28, 2006 in United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, July 28, 2006 (Washington, D.C.: U.S. Government Printing Office, 2006), 42:1391 Original Sources, accessed December 9, 2023, http://www.originalsources.com/Document.aspx?DocID=CEZPD261ZLGXZ9J.

MLA: Bush, George W. "Statement on House of Representatives Action on the "Expanding American Homeownership Act of 2006", July 26, 2006." Week Ending Friday, July 28, 2006, in United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, July 28, 2006 (Washington, D.C.: U.S. Government Printing Office, 2006), 42:1391, Original Sources. 9 Dec. 2023. http://www.originalsources.com/Document.aspx?DocID=CEZPD261ZLGXZ9J.

Harvard: Bush, GW, 'Statement on House of Representatives Action on the "Expanding American Homeownership Act of 2006", July 26, 2006' in Week Ending Friday, July 28, 2006. cited in , United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, July 28, 2006 (Washington, D.C.: U.S. Government Printing Office, 2006), 42:1391. Original Sources, retrieved 9 December 2023, from http://www.originalsources.com/Document.aspx?DocID=CEZPD261ZLGXZ9J.