KENYON LTD. PARTNERSHIP v. 1372 KENYON

Nos. 07-CV-291, 07-CV-292.

979 A.2d 1176 (2009)

KENYON LIMITED PARTNERSHIP, et al., Appellants, v. 1372 KENYON STREET NORTHWEST TENANTS' ASSOCIATION, et al., Appellees.

District of Columbia Court of Appeals.

Decided September 3, 2009.


Attorney(s) appearing for the Case

Clifton M. Mount, Washington, for appellants.

Ann M. Mason, with whom Kent R. Morrison, Daniel A. Sasse, Michael L. Martinez, Jennifer R. Devery, and David W. O'Brien were on the brief, Washington, for appellees.

Before RUIZ, Associate Judge, and TERRY and FARRELL, Senior Judges.


RUIZ, Associate Judge:

This appeal stems from a contract dispute between a tenants' association and the investors who entered into partnership with the association in order to take advantage of special accelerated depreciation rules for investments in low income housing. We conclude that under the financing agreement between the association and the partnership, the association had a right to purchase the building at a price...

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