9:06 AM
Julio Barreto
Congress passed legislation which prevents landlords facing foreclosure from evicting renters. The bill allows renters to stay in their homes for 90 days after the foreclosure notice. The bill is designed to prevent the eviction of tenants who pay their rents but could lose their homes because their landlord’s property fell into foreclosure. The bill extends the same protection to voucher holders. The bill is effective immediately upon signing and expires in 2012.NLIHC Toolkit for Renters in ForeclosureRenters facing the prospects of foreclosure can receive helpful hints by using the National Low Income Coalition’s Renters in Foreclosure Toolkit. It provides useful information for those at risk of losing their home due to the landlord’s property falling into foreclosure. Established in 1974...
