Atwood-Leisman v. United States

OPINION AND ORDER

LETTOW, Judge.

In this housing contract case, plaintiffs and defendant have both moved for partial summary judgment respecting plaintiffs’ breach of contract claim.1 Plaintiffs entered into mortgage contracts with the Farmer’s Home Administration (“FmHA”), a federal government agency, to provide low- and moderate-income rural housing.2 These mortgage contracts, which were entered into between 1974 and 1981, contained a provision that allowed the property owners to prepay their loans at any time and convert their property to market rents.3 The implementation of the contracts…