The Protecting Tenants at Foreclosure Act (PTFA), passed in 2009, grants a number of federal rights to renting tenants living in foreclosed buildings, including the right to at least 90 days notice before being evicted. In many cases, tenants are allowed to stay for the remainder of their lease under the existing terms. This is true for all Section 8 residents, offering protection to some of those who need it most. In all cases, tenants have the basic right to housing, especially when the building foreclosure is not their fault.
Some states have their own protective legislation for tenants, like Massachusetts' Act to Stabilize Neighborhoods. While national advocates work to spread the word about the federal protection offered by the PTFA, every state has to do its part to work on behalf of tenants rights.
Sign this petition to tell your state representatives to take the PTFA seriously. Local advocates and community organizers are working hard to educate the public and hold law firms, realtors, and landlords accountable. But only with better legislation in every state will more renters be protected. Tell your state representatives to pass more comprehensive legislation that will support and strengthen the Protecting Tenants at Foreclosure Act.
Photo credit: tboard