Property Auctions

Friday, April 11, 2008

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT & HOUSING AUTHORITY

We are pleased that the Court upheld HUD's decision not to give special treatment to the PHA. The PHA did not show any irreparable or immediate injury if it's MTW Agreement, which expires today, were not renewed. The Court correctly found that if the PHA continues to demand a new contract on its terms "any harm PHA suffers will be by its own hand, not HUD's." Thus, the solution to this problem lies with the PHA itself, and we continue to stand by, ready to assist them, as we always have.

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