Saturday, May 22, 2010

Report: Over 200,000 California Tenants Affected By Foreclosure In 2009

In San Francisco, California, Beyond Chron reports:
  • Tenants Together, California's statewide organization for renters' rights, released its new 2010 Report: California Tenants in the Foreclosure Crisis []. The report, a follow-up to Tenants Together's 2009 tenant foreclosure report, highlights recent foreclosure-related developments affecting tenants, quantifies the impact of home foreclosures on tenants in 2009 at the state and county level, and makes recommendations to strengthen protections for tenants in foreclosure situations.

  • Tenants Together conservatively estimates that at least 37% of residential units in foreclosure in California were rentals, directly affecting over 200,000 tenants- most of whom were displaced. The report quantifies the impact of the foreclosure crisis on a county-by-county level. The report’s research is based on California property records for every foreclosure in 2009.

For more, see Over 200,000 California Tenants Directly Affected By Foreclosure.