PROVIDENCE, R.I. (AP) — Two Rhode Island lawmakers are sponsoring legislation to make it harder for banks to evict tenants from foreclosed properties.
The legislation from Sen. Harold Metts and Rep. John Edwards, would allow tenants to remain in an apartment or home unless the bank can show they have good reason for the eviction, such as a lease violation.
Currently, banks must give a tenant 90 days before evicting them from a foreclosed property.
Advocates for affordable housing rallied in support of the bill Thursday at the Statehouse. Supporters say banks shouldn't be allowed to evict tenants simply because the previous landlord lost the property in foreclosure.
The bill hasn't been scheduled for a vote.
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