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NHLP, Victory: Ninth Circuit Allows Residents to Challenge RD Prepayment, 37 Hous. L. Bull. 206 (Oct. 2006)

This article discusses the United States Court of Appeals for the Ninth Circuit’s decision in Goldammer v. United States, which reversed the district court decision allowing an owner of a Section 515 development to prepay its loan and sell the development to a new owner. The court held that the residents of the development have the right to challenge the validity of the prepayment.

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