Details of the new tenant lease requirements from Fannie Mae and Freddie Mac that had been promised in July 2024 are now officially out.
Proposals included standardized rental leases, grace periods for late rents, a right to counsel for tenants facing eviction, the sealing of eviction records and a federal campaign to end discrimination against affordable housing voucher holders based on the source of income. The actual requirements by the GSEs were milder, including three minimum "standards":
Landlords are required to provide written notice of a rent increase at least 30 calendar days in advance.
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