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Pealo v. Farmers Home Government, 412 F. Supp. 561 (D.D.C. 1976)

Pealo v. Farmers Home Government, 412 F. Supp. 561 (D.D.C. 1976) To the July 3, 1973, so it Courtroom registered an order so you’re able to compel defendants to apply the fresh Farmers Family Administration’s attention borrowing financing program, pursuant so you can Point 521 from Label V of your own Housing Act off 1949, 42 U.S.C. 1490a. In its associated Memorandum Viewpoint, said from the 361 F. Supp. 1320, this Legal held you to with the defendants in order to approve various qualified members of plaintiff class as actually entitled to found lead construction loans below Sections 502 and 515 of Work, immediately after which so you’re able to refute eg individuals Part 521 attention borrowing from the bank funds from the advantage from defendants’ unilateral suspension system of one’s system, do efforts so you’re able to frustrate the latest purpose out-of Congress in the enacting the Part 502 and you can 515 head loan apps.

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