Cleveland-Area Group To Start Program Notifying Tenants Renting Homes Going Into Foreclosure

In Cuyahoga County, Ohio, The Cleveland Plain Dealer reports:

• [A] new program starting in August would notify tenants in Cuyahoga County that the property they're renting is being foreclosed on, giving them about six months to prepare to move. The program works by matching residential rental properties with foreclosure filings and sending letters to renters, notifying them and offering local resources for assistance in finding new housing.

• The early notification would also give renters a chance to save money needed for the security deposit on a new home and other extra costs, said Mike Piepsny, executive director of the Cleveland Tenants Organization, which will be mailing the foreclosure notices. [...] Paul Herdeg, housing manager with Cuyahoga County's Department of Development, said funding sources also are being sought to lend financial aid to tenants facing eviction.

For more, see Program to notify renters of foreclosure filings (Often aren't aware of foreclosure).

For other posts involving the problems tenants face in rented homes in foreclosure, go here, go here, go here, go here, go here, go here, and go here. TenantRentSkimmingAlpha