Park Properties Assocs., L.P. v. United States

OPINION

ALLEGRA, Judge.

This contract case is before the court on various pending motions. Plaintiffs entered rent subsidy agreements with the United States Department of Housing and Urban Development (HUD) known as “Housing Assistance Payment” (HAP) contracts. They allege that the government repudiated those contracts in 1994, when Congress amended the controlling statute to alter the way in which rent increases were to be determined. Defendant objects to the plaintiffs’ interpretation of the relevant contracts and, inter alia, raises statute of limitations issues. While the court agrees with…