A Message from Secretary Mel Martinez
The President's "America's Homeownership Challenge" has generated an unprecedented response from the nation's affordable housing industry. They have answered the President's challenge because they understand that homeownership is the single most powerful tool a family can use to improve its quality of life.
The Bush Administration has developed an aggressive housing agenda that includes both new programs and the expansion of existing programs targeted at making homeownership an option for more minority families. The Blueprint Partnership - our name for the group of entities that have joined together in response to the President's minority homeownership challenge - builds on the individual strengths of government, the real estate and mortgage finance industries, affordable housing groups and advocacy organizations. In doing so, the Partnership offers something through its collective strength that government alone cannot: a multi-dimensional, public/ private approach to closing the minority homeownership gap.
We have identified the four most important steps for meeting the President's challenge:
The Bush Administration and its Blueprint Partners have made specific commitments, which are outlined within this document.
The President's dramatic challenge to increase the number of minority homeowners by 5.5 million before the end of this decade sets out a goal, but it does not by any means represent the limit of our commitment. We will not be satisfied until every American family that seeks to own a home, can buy a home.
That, after all, is the American Dream.
|Content Archived: April 9, 2010|