U.S. Congress - H.R.1548 Right to Rent Act of 2011
H.R.1548 - Right to Rent Act of 2011
To allow homeowners of moderate-value homes who are subject to mortgage foreclosure proceedings to remain in their homes as renters. view all titles (2)
All Bill Titles
- Official: To allow homeowners of moderate-value homes who are subject to mortgage foreclosure proceedings to remain in their homes as renters. as introduced.
- Short: Right to Rent Act of 2011 as introduced.
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Official Summary
4/14/2011--Introduced.Right to Rent Act of 2011 - Grants eligible mortgagors subject to foreclosure proceedings the right to continue to occupy foreclosed properties subject to the payment of fair market rent for a period of five years that begins upon the commencement of occupancy of suchOfficial Summary
4/14/2011--Introduced.Right to Rent Act of 2011 - Grants eligible mortgagors subject to foreclosure proceedings the right to continue to occupy foreclosed properties subject to the payment of fair market rent for a period of five years that begins upon the commencement of occupancy of such property. Instructs the Secretary of Housing and Urban Development (HUD) to:(1) monitor compliance with this Act,
(2) provide assistance to eligible mortgagors in exercising their rights under this Act, and
(3) conduct outreach activities to inform eligible mortgagors of this Act.
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Organizations Supporting H.R.1548
- Center for Economic and Policy Research
Organizations Opposing H.R.1548
- American Bankers Association
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