The Protecting Tenants at Foreclosure Act (PTFA) of 2009 gives renters the right to remain in their home until the end of their lease when a building’s owner is foreclosed on. This provides critical stability for low-income renters, who might otherwise be evicted or become homeless—even though they’ve played by the rules and paid their rent on time.
But there are two problems: the federal government isn’t doing enough to enforce the law, and PTFA is set to expire in 2014. Please take action to ensure renters are given a fair shake.
The Senate is considering legislation that would make PTFA permanent and give one government agency clear responsibility to hold banks and lenders accountable to the law. But we’re just one voice—we need your voice too.
Please take a moment to contact your Congressman or Senator, and tell them that renters deserve a fair deal.