National Homeownership Month, 2019

Proclamation 9900 of May 31, 2019

National Homeownership Month, 2019

By the President of the United States of America

A Proclamation

During National Homeownership Month, we acknowledge the
benefits of sustainable homeownership. Homeownership
continues to be an important option for many Americans
to invest in their communities, build wealth, and
achieve the American Dream.

My Administration's economic policies have helped spur
a booming economy, in which nearly 6 million new jobs
have been created and wages are rising at the fastest
rate in a decade. We have slashed more than 30,000
pages of job-killing regulations from the rule book
that had been constraining economic growth, and my Tax
Cuts and Jobs Act has put more money into the pockets
of American workers. These successes have led to more
opportunities for Americans to become homeowners, and
we are committed to building on them by continuing to
work with State and local governments to remove
burdensome and unnecessary regulations that restrict
development and artificially raise housing costs.

To offer the opportunity for more sustainable
homeownership to a greater number of Americans, we must
also reform our Nation's housing finance system.
Earlier this year, I signed a Presidential Memorandum
instructing the Secretaries of the Treasury and Housing
and Urban Development to construct a plan on reforming
the housing finance system to promote competition in
the housing finance market that will also preserve the
30-year, fixed-rate mortgage for qualified homebuyers.
These reforms are critical to improving access to
sustainable mortgages and to maintaining responsible
support for homeownership and for building wealth.

This month, we reaffirm our commitment to empowering
more Americans with the opportunity to take the
important step of becoming homeowners. By keeping taxes
low, continuing to remove burdensome and unnecessary
regulations, and making much-needed reforms to the
housing finance system, we will open doors to
sustainable homeownership to more Americans and their
families.

NOW, THEREFORE, I, DONALD J. TRUMP, 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 2019 as National
Homeownership Month.

IN WITNESS WHEREOF, I have hereunto set my hand this
thirty-first day of May, in the year of our Lord two
thousand nineteen, and of the Independence of the
United States of America the two hundred and forty-
third.