El Dorado Springs v. United States

OPINION

MARGOLIS, Judge.

This case comes before the court on the defendant’s motion to dismiss for lack of subject matter jurisdiction. After careful review of the record and after oral argument, the defendant’s motion to dismiss is granted in part and denied in part.

FACTS

The plaintiff, El Dorado Springs, a limited partnership, sought Federal assistance in financing the development of a mobile home park and applied to the Department of Housing and Urban Development, (“HUD”), for mortgage insurance pursuant to section 207 of the National Housing Act of 1937, 12 U.S.C. § 1713 (1988). The Act…