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The Foreclosure Crisis

The unprecedented rise in residential foreclosure has affected owners, tenants and the neighborhoods in which large numbers of foreclosures are taking place. The pages in this section provide an overview of the impact of foreclosure on tenants and neighborhoods. More specific information is available on the foreclosures of rural single family homes financed by the Department of Agriculture and the impact of foreclosure on tenants, neighborhoods and Section 8 Housing Choice Voucher Program (HCVP) and Project-Based Section 8 tenants.

Note to California attorneys
In January 2016, the National Housing Law Project (NHLP) has been awarded funding from the State Bar of California, arising from the U.S. Department of Justice's settlement with Citibank and Bank of America. This funding allows NHLP to provide free foreclosure prevention support services to California legal services and consumer attorneys. The grant will help to continue implementation of the state's Homeowner Bill of Rights (HBOR), which establishes protections for homeowners and tenants facing foreclosure. NHLP will use the grant funds to provide an array of free supports and HBOR resources to California legal services and consumer attorneys.


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