Date
Sunday
Jun

June 1-30

National Homeownership Month

It's time to make your dream home a reality! Celebrate National Homeownership Month by taking the first step towards owning your own space.

Yearly Date
June 1
Type
Month

Introduction

Get ready to celebrate the American dream of homeownership on June 1, also known as National Homeownership Month! This month-long celebration was established in 2002 by President George W. Bush to promote and recognize the benefits of owning a home. It's a time to appreciate the sense of pride and stability that comes with being a homeowner, as well as the economic impact it has on communities across the country. So whether you're a current homeowner or dreaming of becoming one, let's take this month to celebrate and honor the joys of owning your own piece of land.

National Homeownership Month Timeline

1862
Passage of Homestead Act
The Homestead Act was passed by the U.S Congress, offering 160 acres of public land to settlers for a small fee, opening the doors to widespread homeownership.
1934
Creation of FHA
The Federal Housing Administration (FHA) was created during the Great Depression to help stimulate the housing market by providing loans with low down payments.
1944
Introduction of G.I. Bill
The Servicemen's Readjustment Act, also known as the G.I. Bill, was signed into law, providing veterans with a federally guaranteed home loan with no down payment. This greatly increased the rate of homeownership in the U.S.
1977
Passage of Community Reinvestment Act
The Community Reinvestment Act was passed to reduce discriminatory credit practices against low-income neighborhoods, encouraging financial institutions to help meet community needs.
1995
Homeownership Strategy Initiative
President Bill Clinton launched the National Homeownership Strategy, aiming to increase the homeownership rate to 67.5% for all Americans by the year 2000.
2002
National Homeownership Month Established
President George W. Bush declared June as National Homeownership Month to commemorate and promote the benefits of owning a home.

How to Celebrate National Homeownership Month

1

Decorate your home

Show off your pride in homeownership by decorating your home with festive decorations, such as a banner or wreath, to celebrate National Homeownership Month.

2

Host a housewarming party

Invite friends and family over to celebrate your homeownership and show off your new home. You can serve snacks and drinks, play games, and give tours of your place.

3

Take a home improvement project

Use National Homeownership Month as a time to tackle a home improvement project. This could be something as simple as painting a room or as big as renovating a bathroom. Celebrate the progress you've made in making your house a home.

4

Attend a home buying seminar

Celebrate National Homeownership Month by educating yourself on the home buying process. Attend a seminar or workshop to learn about the steps involved in purchasing a home and how to become a successful homeowner.

5

Volunteer with a local housing organization

Give back to your community by volunteering with a local housing organization. You can help build homes for those in need or assist with home repair projects for low-income families. Celebrate National Homeownership Month by making a positive impact on the lives of others.

Why We Love National Homeownership Month

A

The pride of owning a home

For many people, owning a home is a lifelong dream and achieving it brings a great sense of accomplishment and pride. National Homeownership Month celebrates this milestone and honors hardworking individuals and families who have realized their dream of homeownership.

B

Building long-term wealth

Homeownership is not only a place to call your own, but also an investment in your future. Real estate tends to increase in value over time, allowing homeowners to build equity and generate long-term wealth. This can provide financial stability for both the current homeowner and future generations.

C

Creating strong communities

National Homeownership Month recognizes the role that homeownership plays in creating strong and thriving communities. Homeowners are more likely to invest time and money into their neighborhoods, leading to safer streets, better schools, and increased community involvement. Owning a home can also provide stability for families and help to reduce poverty levels within a community.

National Homeownership Month Dates

Year
Date
Day
2023
May 31
Wednesday
2024
May 31
Friday
2025
May 31
Saturday
2026
May 31
Sunday
2027
May 31
Monday