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Home / Case Digests / 01-3495 Bloomer Housing Ltd. Partnership v. City of Bloomer

01-3495 Bloomer Housing Ltd. Partnership v. City of Bloomer

Taxpayer's apartment buildings are federally subsidized under § 515 of the 1949 Housing Act; in exchange for the low initial investment and interest credit, the apartments are subject to conditions and restrictions, including (1) tenants are limited to persons making less than 80% of Chippewa County's average monthly income, and they may not pay more ...

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