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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Bill’s Views

  • Today: 2
  • Past Seven Days: 2
  • All-Time: 1,459
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
04/14/11
 
 
 
 
 
 
 

Sponsor

Representative

Raúl Grijalva

D-AZ

View Co-Sponsors (14)

Official Summary

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 th

Official Summary

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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