Friday, June 5, 2009

Protecting Tenants in Foreclosure Act

On May 20, Congress approved and the President signed into law the “Protecting Tenants in Foreclosure Act,” which is Title VII of "The Helping Families Save Their Homes Act of 2009", Public Law 111-22. The law will:
Give all renters in properties that are foreclosed after May 20, the date the President signed the bill, at least 90 days notice before having to move, and in most cases the ability to reside through the end of their lease term, if longer, and
Give tenants with section 8 vouchers the same rights to remain as other tenants, with the new owner at foreclosure (typically the mortgage lender) automatically becoming a party to the Section 8 contract, enabling families to retain their rental assistance and to continue to afford their housing.
These provisions are effective now. To help agencies and advocates understand the provisions, the National Housing Law Project is hosting a webinar on Wednesday June 10. Information about the webinar and how to join is below:


Protecting Tenants in Foreclosed Properties: New Federal Protections Join us for a Webinar on June 10 Reserve your Webinar seat now at:https://www1.gotomeeting.com/register/352200712

Dear advocates, Please join us on Wednesday, June 10, at 11 a.m. Pacific/1 p.m. Central/2 p.m. Eastern for a 90-minute webinar on the recently enacted Protecting Tenants at Foreclosure Act. This webinar will cover: 1. Legislative history and underlying policy rationales. 2. The text of the statute and its implications. 3. Common questions, including the relationship between the statute and state and local laws and practices. 4. Working with housing authorities, financial institutions, and government sponsored entities to implement the statute. Presenters: Danna Fischer, Legislative Director and Counsel, National Low Income Housing Coalition Catherine Bendor, Legal Director, National Law Center on Homelessness and Poverty David T. Rammler, Director of Government Relations, National Housing Law Project A representative from the Department of Housing and Urban Development (invited) The intended audience for this webinar is advocates. Please note that we will be hosting a future webinar designed for a broader audience, including members of the lending community.
Questions About Registering?Contact Meliah Schultzman, mschultzman@nhlp.org, 510-251-9400 x. 3116
Title: Tenants in Foreclosed Properties: New Federal Protections Date: Wednesday, June 10, 2009 Time: 2:00 PM - 3:30 PM EDT After registering you will receive a confirmation email containing information about joining the Webinar.

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