H.R. 1548 · 112th Congress

Right to Rent Act of 2011

Stage
In committee
Introduced
2011-04-14
Latest action
2011-05-02 · Referred to the Subcommittee on Insurance, Housing and Community Opportunity.

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.