National Homeownership Day, 1995

Proclamation 6807 of June 2, 1995

National Homeownership Day, 1995

By the President of the United States of America

A Proclamation

Throughout the more than two hundred years since our
Nation was founded, Americans have embraced the dream
of homeownership. Strengthening families, establishing
communities, and fostering prosperity, homeownership is
the cornerstone of our economy and a common thread in
our national life. Thanks to a tradition of cooperation
between government and industry, the doors of
homeownership have been opened to millions of
Americans. And the United States is one of the first
countries in the world to make homeownership a reality
for a majority of its people.

For the better part of this century, America has made
homeownership a priority of national policy. The
National Housing Act of 1934 created the Federal
Housing Administration's home mortgage insurance
program, empowering more than 23 million Americans to
buy their own homes. In 1944, the GI Bill of Rights set
up the Veterans Administration's home loan guaranty
program, enabling millions of veterans to start a new
life for themselves and their families. The Housing Act
of 1949 declared that every American family should
enjoy a ``decent home and a suitable living
environment''--an ideal that has been reaffirmed in
myriad ways since then.

Our country's long-standing commitment to this goal is
a testament to the tremendous rewards of homeownership.
Homeownership spurs the production and sales of goods
and services, generating new jobs and brightening
America's economic horizon. It encourages savings and
investment, promotes economic and civic responsibility,
and enhances the financial security of the American
people. Perhaps most important, homeownership gives
Americans pride in their neighborhoods and hope for a
brighter tomorrow.

NOW, THEREFORE, I, WILLIAM J. CLINTON, 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 5, 1995, as ``National
Homeownership Day.'' I urge all of our citizens to
observe this day with appropriate programs, ceremonies,
and activities that celebrate the great American Dream.

IN WITNESS WHEREOF, I have hereunto set my hand this
second day of June, in the year of our Lord nineteen
hundred and ninety-five, and of the Independence of the
United States of America the two hundred and
nineteenth.