Melrose Associates, L.P. v. United States

OPINION

HORN, Judge.

FINDINGS OF FACT

The plaintiff, Melrose Associates, L.P.,1 is the owner of eleven apartment buildings containing 42 residential units located in Providence, Rhode Island, and known as the Mel-rose Apartments. The United States, the defendant, and Melrose entered into a “Housing Assistance Payments Contract” (HAP contract) with respect to Melrose apartments on August 12, 1982, pursuant to a Department of Housing and Urban Development (HUD) program which provides mortgage insurance for developers of low-income and moderate-income housing under section 221(d)(4) of the National…