June Is National Homeownership Month
The nation’s home builders are helping Americans on the road to homeownership and self-sufficiency by supporting five community fairs — the first of which was held in Baltimore on June 1 — to celebrate National Homeownership Month. “With today’s low interest rates and the healthy pace of new home construction, we continue to experience a strong housing market, and that’s good for Americans looking to make the jump into homeownership,” said NAHB President David Wilson. “We believe it’s important to make information about homeownership and other federal programs accessible to consumers who might not otherwise realize that help is available and that it is possible to achieve the dream of homeownership.” NAHB is supporting the “Owning Your Future” community fairs, hosted by the U.S. Department of Housing and Urban Development (HUD), along with 12 federal agencies, members of the business community and nonprofit organizations. Experts are on hand at the fairs to answer questions, provide critical information and facilitate educational classes. Exhibitors are showcasing information on homeownership incentive programs, current homes for sale in the area and other resources. Admission is free, and prizes, refreshments and children’s activities are provided. A second fair was held in Cincinnati on June 4. Three more fairs will be held this month in: - Albuquerque, N.M. on June 11 at Longfellow Elementary, 400 Edith Blvd. NE
- New Orleans on June 18 at Delgado Life Center, 615 City Park Ave.
- Orlando, Fla. on June 25 at Jones High School, 801 S. Rio Grande Ave.
In addition to NAHB and federal government agencies, other organizations involved in the outreach effort are the Council of Federal Home Loan Banks, Fannie Mae, Federal Deposit Insurance Corporation, Freddie Mac, the Mortgage Bankers Association of America, the National Association of Mortgage Brokers, the National Association of Realtors®, Sears and Whirlpool Corp.
Thanks to innovative builders, improvements in the access to capital and myriad government and industry programs developed to make homeownership a reality, American homeownership is at a record 69%. During National Homeownership Month and throughout 2005, home builders across the nation will continue to work with housing finance innovators, consumer education organizations and government officials to advance affordable homeownership in America. For consumer information and more about the homeownership’s unique contribution to national and individual prosperity, click here. For more information, e-mail Kym Kilbourne at NAHB, or call her at 800-368-5242 x8447. | 
