Presidential Document2022-12127
National Homeownership Month, 2022
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
June 3, 2022
Signed
May 31, 2022
Issuing agencies
Executive Office of the President
Full Text
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<title>Federal Register, Volume 87 Issue 107 (Friday, June 3, 2022)</title>
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[Federal Register Volume 87, Number 107 (Friday, June 3, 2022)]
[Presidential Documents]
[Pages 33609-33610]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-12127]
Presidential Documents
Federal Register / Vol. 87, No. 107 / Friday, June 3, 2022 /
Presidential Documents
[[Page 33609]]
Proclamation 10411 of May 31, 2022
National Homeownership Month, 2022
By the President of the United States of America
A Proclamation
For many Americans, a home is more than just a
residence. It is a place that instills a sense of
pride, security, and comfort that, no matter what
challenges in life arise, they have somewhere to go and
call their own. Whether owning or renting, a home is
where we can live with dignity and watch our families
grow. During National Homeownership Month, we recognize
the importance of housing and reaffirm our commitment
to ensuring that everyone has a place to call home.
Every American should be able to afford to rent or own
a home of their own. Yet across the country, the price
of housing--both for renters and homebuyers--is
increasing, making it harder for people to find an
affordable home. Our Nation is facing a housing
shortage that is driving up prices--and with housing
prices near record highs, too many families are unable
to make other important investments, such as furthering
their education or saving for retirement.
Throughout the pandemic, my Administration has helped
people who have struggled, through no fault of their
own, stay in their homes by providing financial relief
to help pay the mortgage or the rent. To tackle the
root causes of housing affordability, my Administration
released a Housing Supply Action Plan, aimed at closing
the nationwide shortfall of housing for purchase and
rent in 5 years through a variety of measures:
incentivizing States and localities to create the
conditions for more housing, improving financing tools
for a wider range of housing arrangements, enhancing
existing forms of financing for housing construction,
and addressing other barriers to housing supply and
affordability, such as supply chain issues due to the
pandemic. My budget also includes investments to
address the critical shortage of affordable housing and
provide first-generation down payment assistance to
aspiring homeowners.
Homeownership is a major source of generational wealth
for many Americans--it is a central part of the
American dream. But for too many Americans--especially
Black and Brown Americans--homeownership and the
opportunity to build and pass down wealth through it
are unattainable. Longstanding inequities in the
housing system, from disinvestment to redlining and
mis-valuation of homes in communities of color, have
locked out entire generations from the American dream
and the opportunity to build generational wealth.
Housing also opens up opportunities that are tied to
where one lives, and it is our shared responsibility to
ensure that everyone has equitable access to those
opportunities--from education and stable employment to
quality health care and healthy food.
My Administration is committed to ending unlawful
housing discrimination and advancing equity for
underserved communities. Toward that aim, we have
launched an aggressive effort to combat racial
discrimination in housing. I also remain committed to
expanding access to homeownership opportunities for
first-time home buyers and minority homebuyers while
ensuring that Black and Brown families receive a fair
appraisal for their homes. Through the Property
Appraisal and Valuation Equity Action Plan, we have
developed
[[Page 33610]]
the most wide-ranging set of Federal reforms in history
to ensure that the color of a person's skin does not
determine the value of their home.
As we mark National Homeownership Month, we recognize
the importance of housing for all Americans. Whether
owning, renting, or aspiring to do either, we renew our
commitment to lowering costs and expanding access to
safe, affordable homes that all Americans need and
deserve. Together, we can ensure that every American
has a safe place to call home.
NOW, THEREFORE, I, JOSEPH R. BIDEN JR., President of
the United States of America, by virtue of the
authority vested in me by the Constitution and the laws
of the United States, do hereby proclaim June 2022 as
National Homeownership Month. I call upon the people of
this Nation to safeguard the American Dream by ensuring
that everyone has access to an affordable home in a
community of their choice.
IN WITNESS WHEREOF, I have hereunto set my hand this
thirty-first day of May, in the year of our Lord two
thousand twenty-two, and of the Independence of the
United States of America the two hundred and forty-
sixth.
<GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT>
(Presidential Sig.)
[FR Doc. 2022-12127
Filed 6-2-22; 8:45 am]
Billing code 3395-F2-P
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</html>Indexed from Federal Register on June 3, 2022.
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