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Seller seeks removal of HUD mortgage
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Court Report
Wednesday, February 2, 2022
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After a potential sale of property in Utica, N.Y., fell through, the hopeful seller of the property used for low-income individuals with disabilities sued the U.S. Department of Housing and Urban Development (HUD). HUD had provided a previous owner of the property with a capital advance through a program to aid organizations to expand the supply of supportive housing for persons with disabilities and the seller sought to remove HUD’s mortgage from the property.
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