[Code of Federal Regulations]
[Title 3, Volume 1]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 3CFR7570]

Proc. 7570

Proclamation 7570 of June 4, 2002

National Homeownership Month, 2002

By the President of the United States of America

A Proclamation

          Homeownership is an important part of the American Dream. As 
          President, I am committed to helping many more Americans 
          achieve that dream. A home provides shelter and a safe place 
          where families can prosper and children can thrive. For many 
          Americans, their home is an important financial investment, 
          and it can be a source of great personal pride and an 
          important part of community stability.
          Homeownership encourages personal responsibility and the 
          values necessary for strong families. Where homeownership 
          flourishes, neighborhoods are more stable, residents are more 
          civic-minded, schools are better, and crime rates decline. 
          Thanks to the resources available in our Nation, more 
          Americans own homes today than at any time in our history. 
          However, among African American and Hispanic families, fewer 
          than half are home owners. My Administration is working to 
          provide all families with the tools and information they need 
          to accumulate wealth and overcome barriers to homeownership.
          The Department of Housing and Urban Development is partnering 
          with State and local governments, community groups, and the 
          private sector to make the most effective use of Federal 
          funds. Through a combination of down payment assistance, tax 
          incentives, and education about the process and 
          responsibilities of homeownership, we are helping thousands of 
          Americans buy homes and pursue a better quality of life.
          During National Homeownership Month, I encourage all Americans 
          to learn more about financial management and to explore 
          homeownership opportunities in their communities. By taking 
          this important step, individuals and families help safeguard 
          their financial futures and contribute to the strength of our 
          Nation.
          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 2002 as National Home

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          ownership Month. I call upon the people of the United States 
          to join me in recognizing the importance of providing all our 
          citizens a chance to achieve the American Dream.
          IN WITNESS WHEREOF, I have hereunto set my hand this fourth 
          day of June, in the year of our Lord two thousand two, and of 
          the Independence of the United States of America the two 
          hundred and twenty-sixth.

GEORGE W. BUSH