Approximately 40% of families affected by foreclosure rent their homes. Prior to the May 2009 enactment of the Protecting Tenants at Foreclosure Act (PTFA), these tenants could be evicted from their homes with as little as a few days notice. Thanks to the PTFA, bona fide tenants can now stay in their homes for the remainder of their lease or for at least 90 days, whichever is longer. However, the PTFA includes a sunset provision. Unless Congress takes action, the PTFA will expire on December 31, 2014. Representative Keith Ellison (D-MN) and Senator Richard Blumenthal (D-CT) have introduced legislation in both the House and Senate known as the Permanently Protecting Tenants at Foreclosure Act. This legislation extends current protections for tenants whose landlords are in foreclosure and adds an important enforcement mechanism. Join us in signing on to letters urging your Senators and Representatives to co-sponsor this legislation and mark your calendars for a national call-in day on June 3, 2014. https://nlihc.wufoo/forms/pptfa-sign-on-letter/
Posted on: Wed, 14 May 2014 20:38:18 +0000
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