RAYE, J.
In order to provide housing for lowincome renters in rural areas, the federal government developed housing programs aimed at subsidizing properties to produce lower rents. In a form of quid pro quo, the government subsidizes the interest rate on the financing for the property; in return, the owner lowers the rent to make it affordable to eligible renters. One of these programs, section 515 of the Housing Act of 1949 (42 U.S.C. § 1485), commonly known...
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