Ask AI
H.R. 4623

Right to Rent Act of 2016

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.

Referred to the House Committee on Financial Services.

Rep. Grijalva, Raúl M. [D-AZ-3](D-AZ)Sponsor
10 cosponsors10 D
10cosponsors1committees3actions2subjects
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Right to Rent Act of 2016 — Informed