Owner Can't Sue HUD for Cancellation of Rent Subsidies

Owner Can't Sue HUD for Cancellation of Rent Subsidies



Facts: An owner financed the construction of an apartment building in 1968 with a mortgage insured under the National Housing Act. In 1992, the owner and the United States, acting through HUD, entered into a Housing Assistance Payment (HAP) contract. Under the contract, in exchange for rent subsidies and other benefits, the owner agreed to maintain its property in a decent, safe, and sanitary manner. The original HAP contract expired in 1997, but it was periodically renewed.

Full Article Access:

Full access to complete articles from Assisted Housing Management Insider is for subscribers only.

Not yet ready to subscribe?