Real Estate/Development
Oct. 23, 2009
Tenants Sue Over Low-Income Units
Group accuses the U.S. Department of Housing and Urban Development of allowing owners of a Los Angeles building to skirt low-income rent laws.
Daily Journal Staff Writer
The U.S. Department of Housing and Urban Development is fighting a lawsuit by tenants of a low-income housing complex in Venice who claim the organization has illegally exposed residents to possible rent increases by allowing the building owners to prepay their federally-insured mortgage.
The suit, filed this summer in federal court in Los Angeles, claims that by recently lett...
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