Political Quotes

“June is National Homeownership Month, and it is a time when we celebrate and recognize the many benefits of owning a home. For generations of Americans, owning a home has been an essential element in achieving the American Dream. But since the Great Recession, we have seen homeownership rates drop to historic lows. Young families often find themselves unable to save for a downpayment or to gain access to adequate credit. This is especially true for those in rural areas. The United States Department of Agriculture places emphasis on helping rural Americans buy homes. USDA provides mortgage loan guarantees through partnerships with private sector lenders to help low- to moderate-income rural home buyers. In 2016 alone, USDA worked with nearly 1,500 lenders to help 116,000 rural individuals and families buy homes. USDA has helped more than 4.1 million rural residents buy a home since the National Housing Act was passed 68 years ago. Mr. Speaker, the benefits of homeownership have widespread benefits. Homeownership fortifies communities, creates jobs, and strengthens the local businesses that support our towns. Thank you to USDA for your commitment to providing affordable housing for rural Americans. Happy National Homeownership Month. ____________________”