Week Ending Friday, May 26, 2006

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Author: George W. Bush  | Date: May 24, 2006

Proclamation 8024—National Homeownership Month, 2006,
May 24, 2006

By the President of the United States
of America
A Proclamation

Owning a home is an important part of the American dream. During National Homeownership Month, we raise awareness of homeownership and encourage more Americans to consider the benefits of owning their own home.

Nearly 70 percent of Americans enjoy the satisfaction of owning their own home, and my Administration continues to promote an ownership society where the promise ofAmerica reaches all our citizens. The American Dream Downpayment Act of 2003 is helping thousands of low to moderate income and minority families with downpayment and closing costs, which represent the greatest barrier to homeownership. Since 2002, when I announced our goal to help 5.5 million minorities become homeowners by the end of this decade, the rate of minority homeownership has climbed above 50 percent, and more than 2.5 million minority families have become new homeowners. My Administration will continue to provide counseling and assistance for new homebuyers and expand homeownership opportunities for all Americans.

During National Homeownership Month and throughout the year, we applaud the men and women who work to achieve the dream of homeownership, and we are grateful for those who provide counseling, lending, real estate, construction, and other services to these individuals. The hard work, financial discipline, and personal responsibility of our country’s homeowners help transform neighborhoods throughout our Nation and reflect the best qualities of America.

Now, Therefore, I, George W. Bush, President of the United States of America, by virtue of the authority vested in me by the Constitution of the United States of America, do hereby proclaim June 2006 as National Homeownership Month. I call upon the people of the United States to join me in building a more hopeful society and recognizing the importance of expanding the ownership of homes across our great Nation.

In Witness Whereof, I have hereunto set my hand this twenty-fourth day of May, in the year of our Lord two thousand six, and of the Independence of the United States of America the two hundred and thirtieth.

George W. Bush

[Filed with the Office of the Federal Register, 8:45 a.m., May 26, 2006]

Note: This proclamation was published in the Federal Register on May 30.

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Chicago: George W. Bush, "Proclamation 8024— National Homeownership Month, 2006, May 24, 2006," Week Ending Friday, May 26, 2006 in United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, May 26, 2006 (Washington, D.C.: U.S. Government Printing Office, 2006), 42:1014-1015 Original Sources, accessed July 19, 2019, http://www.originalsources.com/Document.aspx?DocID=P1GG8C179Q4Y35R.

MLA: Bush, George W. "Proclamation 8024— National Homeownership Month, 2006, May 24, 2006." Week Ending Friday, May 26, 2006, in United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, May 26, 2006 (Washington, D.C.: U.S. Government Printing Office, 2006), 42:1014-1015, Original Sources. 19 Jul. 2019. www.originalsources.com/Document.aspx?DocID=P1GG8C179Q4Y35R.

Harvard: Bush, GW, 'Proclamation 8024— National Homeownership Month, 2006, May 24, 2006' in Week Ending Friday, May 26, 2006. cited in , United States. Executive Office of the President, Weekly Compilation of Presidential Documents, Week Ending Friday, May 26, 2006 (Washington, D.C.: U.S. Government Printing Office, 2006), 42:1014-1015. Original Sources, retrieved 19 July 2019, from http://www.originalsources.com/Document.aspx?DocID=P1GG8C179Q4Y35R.