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Old 08-27-2008, 06:42 PM
 
Location: Chesterfield, VA
1,222 posts, read 5,152,721 times
Reputation: 552

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Just got this in one of the NMFA updates I received and wanted to make sure this information gets passed around...

"Protection for Renters Whose Landlords Default: As discussed last week in the Government and You E-News, President Bush signed “The Housing and Economic Recovery Act of 2008” into law. Several agencies have acted quickly to implement these beneficial provisions. A new change to the Joint Federal Travel Regulations (JFTR) authorizes the military to pay to move service members and their families whose landlords default on property the military members are renting. The change is retroactive to July 30, 2008. The federal regulation change is designed to help service members forced to relocate locally when landlords default on their mortgages. It does not apply to military members who own their own homes and default on their loans.

Service members who believe the new JFTR change may help them are encouraged to contact their housing or administrative officers. In addition, all service members and families should take advantage of free legal and financial counseling offered at all military installations and through Military OneSource at Military OneSource.

(Source: http://www.defenselink.mil/news/newsarticle.aspx?id=50766)"

Hope this is able to help someone.
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Old 08-27-2008, 07:35 PM
 
1,134 posts, read 2,869,822 times
Reputation: 490
Great for the Military. Now what about the rest of us renters that are screwed?
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