Renters in Foreclosure: A Fresh Look at an Ongoing Problem
Author: National Low Income Housing Coalition
The National Low Income Housing Coalition analyzed foreclosure data from four New England states: Connecticut, Massachusetts, New Hampshire and Rhode Island. The data show that about 46% of homes at foreclosure auction or with real estate-owned status in this region were rental units. An estimated 148,818 renters were affected by foreclosure in these four states between January 2010 and March 2011. When these data were examined for the period of January 2007 through March 2008, the number of renters affected by foreclosure was less 44,000.