United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)

Citation: United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
Parent Document: United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
Jurisdiction: United States (federal)
Effective Date: 1975-10-06
Original Source: https://www.courtlistener.com/opinion/109272/united-housing-foundation-inc-v-forman/ ↗

Other Sections in This Document (195)

United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
United Housing Foundation, Inc. v. Forman, 421 U.S. 837 (1975)
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Several times during the construction of Co-op City, Riverbay, with the approval of the State Housing Com- . missioner, revised its contract with CSI to allow for increased construction costs. In addition, Riverbay incurred other expenses that had not been reflected in the *8441965 Bulletin. To meet these increased expenditures, Riverbay, with the Commissioner’s approval, repeatedly secured increased mortgage loans from the State Housing Agency. Ultimately the construction loan was $125 million more than the figure estimated in the 1965 Bulletin. As a result, while the initial purchasing price remained at $450 per room, the average monthly rental charges increased periodically, reaching a figure of $39.68 per room as of July 1974.7