National Homeownership Month, 2020, 34947-34948 [2020-12421]

Agencies

• Executive Office of the President

[Federal Register Volume 85, Number 109 (Friday, June 5, 2020)]
[Presidential Documents]
[Pages 34947-34948]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-12421]




                        Presidential Documents 



Federal Register / Vol. 85 , No. 109 / Friday, June 5, 2020 / 
Presidential Documents

[[Page 34947]]


                Proclamation 10047 of May 29, 2020

                
National Homeownership Month, 2020

                By the President of the United States of America

                A Proclamation

                For generations, homeownership has sustained and 
                empowered Americans. Recently, we have been reminded 
                that our homes are central to our health, our 
                independence, and the well-being of our families. In 
                response to the coronavirus outbreak, millions of 
                Americans have transformed their homes into safe 
                havens, virtual workplaces, classrooms, and, most 
                importantly, places to nurture hopes and dreams for the 
                future. During National Homeownership Month, we 
                acknowledge the many benefits of secure and affordable 
                homeownership.

                Thanks to my Administration's swift and decisive action 
                to assist millions of homeowners affected by the 
                coronavirus, we have protected the wealth that 
                hardworking Americans have built up through 
                homeownership. To help ensure that homeowners do not 
                lose their homes unnecessarily due to this crisis, I 
                signed into law the unprecedented Coronavirus Aid, 
                Relief, and Economic Security (CARES) Act. This 
                legislation provided direct cash payments to Americans 
                and authorized mortgage-payment relief for eligible 
                homeowners with federally backed mortgages struggling 
                to make their payments.

                As our Nation's economy begins to recover, my 
                Administration remains focused on getting government 
                out of the way of responsible homeownership and 
                reforming our housing finance system. We have supported 
                affordable homeownership by eliminating outdated and 
                unnecessary regulations, and we are strengthening 
                investment in underserved communities through the 
                designation of Opportunity Zones. Through the work of 
                the White House Council on Eliminating Regulatory 
                Barriers to Affordable Housing, we are continuing to 
                collaborate with States and local jurisdictions to ease 
                the burden of regulations that needlessly hinder 
                opportunities for Americans to become homeowners. 
                Additionally, last year, the Department of the Treasury 
                and the Department of Housing and Urban Development 
                released plans to define the limited role of the 
                Federal Government in the housing finance system, 
                enhance taxpayer protections against future bailouts, 
                and promote competition in the housing finance system.

                This month, we renew our commitment to helping pave the 
                way for more Americans to achieve the financial 
                benefits and stability of homeownership. Building on 
                the roaring success we were experiencing prior to the 
                coronavirus pandemic, our economy will rebound and 
                create the jobs that Americans need to achieve the 
                American dream of owning a home.

                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 2020 as National 
                Homeownership Month.

[[Page 34948]]

                IN WITNESS WHEREOF, I have hereunto set my hand this 
                twenty-ninth day of May, in the year of our Lord two 
                thousand twenty, and of the Independence of the United 
                States of America the two hundred and forty-fourth.
                
                
                    (Presidential Sig.)

[FR Doc. 2020-12421
Filed 6-4-20; 11:15 am]
Billing code 3295-F0-P