Military To Pick Up Moving Tab For Servicemembers Renting From Landlords In Foreclosure

In Washington, D.C., Air Force News reports:

• A new change to the Joint Federal Travel Regulations authorizes the military to pay to move servicemembers and their families whose landlords default on property the military members are renting. [...] The change is retroactive to July 30, the date President Bush signed the Housing and Economic Recovery Act of 2008. [..] The federal regulation change is designed to help military servicemembers forced to relocate locally when landlords default on their mortgages, [a spokeswoman] said. It does not apply to military members who own their own homes and default on their loans.

For more, see Travel regulation change protects renters whose landlords default.

See also:

• Army Times: DoD moves to protect renters from foreclosure,
• Army Times: New law helps renters forced out by foreclosure,
• Official memorandum announcing change. TenantRentSkimmingAlpha Servicemembers Civil Relief Act