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National Homeownership Month <br /> June 2004 <br /> Whereas, Homeownership has been a key feature of our way of life since America's earliest days. <br /> Important qualities of character develop with the ownership of a home, such as responsibility, <br /> self-reliance, long-term planning,thrift,and individuality. The sense of pride and security that <br /> come with owning a home are hallmarks of our character as people; and, <br /> Whereas, It has been a longstanding national policy,predating President Abraham Lincoln's signing of <br /> the Homestead Act,to encourage Americans to own a home. Homeownership benefits <br /> individual families by helping them build economic security and it fosters healthy,vibrant <br /> communities. Homeownership provides material security and allows families to build wealth. A <br /> home is the largest financial investment most American families will ever make, as it allows <br /> families to build financial security as the equity in the home increases. Moreover,a home is a <br /> tangible asset that provides a family with borrowing power to finance important needs, such as <br /> educating children; and, <br /> Whereas, Homeowners work to keep up the value of their investment,which translates into a greater <br /> concern for neighborhoods and surrounding communities. A family that owns its home is more <br /> likely to upgrade their property,to take pride in their neighborhood, and become more <br /> interested in the well-being of their community. By increasing the ranks of homeowners, <br /> communities not only enjoy increased stability but also benefit from a new spirit of <br /> revitalization; and, <br /> Whereas, The Unites States is fortunate to have become a nation composed primarily of homeowners. Yet <br /> homeownership opportunities are not available to everyone to the same extent. While minority <br /> homeownership rates have increased,Hispanics and African-Americans still lag significantly <br /> behind the overall national homeownership rate; and, <br /> Whereas, The Federal government is working to ensure that homeownership opportunities are equally <br /> available to all Americans,through new initiatives that make down payment capital available to <br /> low-income homebuyers, and through vigorous enforcement of fair housing laws and all anti- <br /> discrimination statutes. <br /> NOW THEREFORE,BE IT RESOLVED that I,Mayor Charles Sisk,hereby proclaim June as <br /> HOMEOWNERSHIP MONTH IN LOUISVILLE,COLORADO and call on all citizens to recognize the <br /> importance of realizing the dream of homeownership. <br /> DATED this 15th day of June 2004. <br /> ice... rs { <br /> �OUISUi��' <br /> if O, . Cha es . Sisk, yor <br /> • <br /> IVS $. <br /> 0101 <br /> • <br /> t ;TEST: ./Q <br /> ‘‘V COL <br /> i r <br /> ancy Van;, City Clerk <br />