June is National Homeownership Month

National Homeownership Month began as a week-long celebration/recognition of homeownership during the Clinton presidency in 1995. In 2002, President George W. Bush proclaimed June as National Homeownership Month. Below is an excerpt from President Bush's proclamation setting aside the entire month of June as National Homeownership Month:

"Homeownership is an important part of the American 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."

"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."