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HR 4623 114th Congress House Housing and Community Development Government information and archives Housing finance and home ownership

Right to Rent Act of 2016

Introduced: February 25, 2016 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 25, 2016
Referred to the House Committee on Financial Services.
Feb 25, 2016
Introduced in House
 Plain-English summary Congressional Research Service

Right to Rent Act of 2016

This bill 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.

The Department of Housing and Urban Development shall: (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.

What's happening now February 25, 2016

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1