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PEREZ v. UNITED STATES

Civ. No. 75-570.

444 F.Supp. 623 (1978)

Antonio Ramos PEREZ et al., Plaintiffs, v. UNITED STATES of America et al., Defendants.

United States District Court, D. Puerto Rico.

February 9, 1978.

Attorney(s) appearing for the Case

Law Office of Harvey B. Nachman, Rafael Soltero Peralta, Santurce, P. R., for plaintiffs.

Julio Morales Sánchez, U. S. Atty., Eli B. Arroyo, San Juan, P. R., for CRUV & Commonwealth Ins. Co.

Donald E. Jose, Trial Atty., U. S. Dept. of Justice, Washington, D. C., Rafael Pieras, Hato Rey, P. R., for defendants.

OPINION AND ORDER

TORRUELLA, District Judge.

In 1949, the Department of Housing and Urban Development (HUD) provided financing for the design and construction of Residencial Llorens Torres, a low rent public housing project completed in 1953, pursuant to an Annual Contribution Contract (ACC) under which the Municipal Housing Authority of San Juan developed and operated the project, selling bonds maturing serially over a forty year period to finance the capital...

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