H.R. 1940 · 115th Congress
Right to Rent Act of 2017
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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GrijalvaSponsor14 cosponsors · 14 D
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Conyers
YC
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Clarke
AC
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Carson
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Evans
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Green
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Jackson Lee
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Kaptur
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Lee
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Norton
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Napolitano
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Raskin
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Cohen
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Serrano
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Hastings11 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill temporarily allows an eligible mortgagor who is subject to foreclosure proceedings to remain in the foreclosed home as a renter for up to five years, subject to specified requirements.
What it does: CRS summary · Introduced in House · Apr 5, 2017
Right to Rent Act of 2017
This bill temporarily allows an eligible mortgagor who is subject to foreclosure proceedings to remain in the foreclosed home as a renter for up to five years, subject to specified requirements. The bill applies to a mortgage originated prior to 2009 on a single-family home that: (1) has been used as a primary residence for at least two years, and (2) had a purchase price that is less than the median purchase price for residences in the area.
The bill specifies notice requirements and establishes a formula for determining fair-market rent.
The Department of Housing and Urban Development shall: (1) monitor compliance with the bill, (2) provide assistance to eligible mortgagors in exercising their rights under the bill, and (3) conduct outreach activities.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Right to Rent Act of 2017
Latest action (Apr 5, 2017): Referred to the House Committee on Financial Services.
Policy area: Housing and Community Development · Origin: House · Introduced: Apr 5, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.