Proclamation of National Home Ownership Month 2021



For millions of Americans, home ownership is the cornerstone of a life of security, dignity, and hope. A house is more than four walls and a roof; it is a place where we can celebrate triumphs and endure life’s trials. A place where we can watch our families grow and prosper. A place that helps us create wealth that we can pass on to our children and grandchildren.

The desire to have a home is deeply rooted in the American Dream. He prompted generations of Americans to seek a place to call their own.

For people in the United States today, the desire for a home burns as brightly as it ever has. However, the harsh reality is that it is becoming increasingly difficult for too many to realize and maintain the dream of home ownership. This is especially true after the economic disruption caused by the COVID-19 pandemic.

We also know that people of color continue to face discrimination in our housing market when they try to get a mortgage, assess their home, and live in areas where their families can thrive. In recent years, the gap in home ownership between blacks and whites peaked since 1968, when banks could still legally discriminate against borrowers based on their skin color.

This is economically and morally wrong, which is why, as President, I have made it my top priority to foster stability and opportunity in our housing market. On my first day in office, I took administrative action to extend the foreclosure moratorium for nearly 11 million households with federal-guaranteed mortgages. My administration has presented and adopted the American Rescue Plan, which will provide nearly $ 10 billion in relief to homeowners who delayed mortgage payments during the pandemic. And to create more opportunities for homeownership development, we have proposed an American Job Creation Plan that could stimulate the construction and rehabilitation of more than 500,000 homes for buyers with more modest means.

The Department of Housing and Urban Development will continue to promote affordable and sustainable home ownership throughout our country. This will require us to help more hardworking Americans acquire their first homes, expand access to credit and mortgage insurance for non-Colored borrowers, and fully comply with the Fair Housing Act of 1968 to root out systemic discrimination in our housing market and break down unfair barriers. that prevent too many Americans from buying a home.

THEREFORE, I, JOSEPH R. BIDEN JR, President of the United States of America, by virtue of the powers vested in me by the Constitution and the laws of the United States, declare June 2021 National Home Ownership Month. I call on the people of this nation to recognize the enduring value of home ownership and renew their commitment to helping more Americans achieve this dream.

IN WITNESS WHEREOF, I have put my hand on this first day of June, in the year of our Lord two thousand twenty one and the year of Independence of the United States of America two hundred and forty-five.



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