C.J. Betters, Corp. v. United States

OPINION

WIESE, Judge.

Plaintiff, C.J. Betters Corporation, was the successful bidder in a solicitation issued by the Department of Housing and Urban Development (HUD) inviting offers to purchase, on an “as is” basis, a rent-subsidized apartment complex in Pasadena, Texas. As the present owner of the complex, Betters is suing here to recover contract damages based on alternative theories of entitlement. In Count I, Betters asserts that HUD failed to satisfy its obligation, under the sale contract, to establish rental subsidies on behalf of the apartments’ qualifying low income tenants on or…