Bill > HCR61

This resolution recognizes June 2025 as National Homeownership Month in Delaware, highlighting the critical importance of homeownership as a fundamental part of the American dream and a significant personal investment for families. The resolution provides context about Delaware's housing landscape, noting that there are 286,340 owner-occupied housing units in the state, with only 20% of homes affordable to renters making less than 120% of the Area Median Income (AMI). It emphasizes that homeownership provides economic security, helps build wealth over time, and strengthens communities by increasing residents' stake in local institutions. The resolution also acknowledges the work of the Delaware State Housing Authority (DSHA), which in 2024 supported 1,474 families through various home loan and down payment assistance programs, totaling over $407 million in disbursements. Additionally, the resolution commends real estate professionals, mortgage brokers, and housing industry workers for their crucial role in guiding families through the complex homebuying process and supports continued efforts to expand affordable housing access, promote financial literacy, and advance homeownership opportunities for all Delawareans.

https://legis.delaware.gov/BillDetail?LegislationId=142463