Natural disasters, a foreclosure crisis, and a soft housing market have not been able to alter the firmly held tenet that homeownership is the cornerstone of the American Dream. June is National Homeownership Month and serves as a call to action for our nation’s leaders, who must reaffirm their commitment to sustainable homeownership and affordable rental homes near good schools and quality jobs. With our national housing policy at a crossroads, the ability of the next generation to enjoy the benefits of owning their own home―such as by steadily accumulating a nest egg that they can share with their children―may disappear.
This is no time to stay silent. As part of the Home for Good campaign, the National Council of La Raza (NCLR) is urging supporters to call U.S. Secretary of the Treasury Timothy Geithner this week and show their support for a renewed effort to solve the housing crisis. Over the summer months, the Treasury and other bank regulators will make critical decisions that have a lasting impact on the housing market. Members of the community, we invite you to tell our leaders that they must do more to stop unnecessary foreclosures―especially for the unemployed―and preserve affordable housing and home loans. We are also pleased to be joined in this call to action by six national partners: The Opportunity Agenda, National Coalition for Asian Pacific American Community Development, PICO, National People’s Action, National Urban League, and the NAACP.
Today is your opportunity to join thousands of concerned Americans from throughout the country who are committed to the American Dream. Click here to call.
Ask Secretary Geithner to:
Stop wrongful foreclosures—they only exacerbate the problem. Foreclosing on a property benefits neither the homeowner nor the surrounding community.
Protect all affordable housing options. The rising number of families unable to buy a home necessitates a greater need for affordable, high-quality rental options.
Keep homeownership available to all. At one point, owning a home was an achievable reality for most Americans, especially the middle class. However, during this recession more Americans have fallen out of the middle class, and the dream of homeownership has remained out of reach for too many.