H.R.1548 - Right to Rent Act of 2011112th Congress (2011-2012)
|Sponsor:||Rep. Grijalva, Raul M. [D-AZ-7] (Introduced 04/14/2011)|
|Committees:||House - Financial Services|
|Latest Action:||05/02/2011 Referred to the Subcommittee on Insurance, Housing and Community Opportunity.|
This bill has the status Introduced
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Summary: H.R.1548 — 112th Congress (2011-2012)All Bill Information (Except Text)
Introduced in House (04/14/2011)
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.