Grier v. United States Department of Housing & Urban Development, 418 U.S. App. D.C. 185 (2015)

Citation: Grier v. United States Department of Housing & Urban Development, 418 U.S. App. D.C. 185 (2015)
Parent Document: Grier v. United States Department of Housing & Urban Development, 418 U.S. App. D.C. 185 (2015)
Jurisdiction: United States (federal)
Effective Date: 2015-07-14
Original Source: https://www.courtlistener.com/opinion/2816866/grier-v-united-states-departmen... ↗

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In January 2008, Grier sent a letter to Firstrust requesting
that the bank deposit $325,000 from Mantua Gardens’ reserve
account into an account at Wachovia Bank. The next month,
Grier formed Mantua Gardens East, LLC. Mantua Gardens
East, LLC, subsequently secured a loan from Wachovia, using
the $325,000 deposited in January as collateral. Grier, acting as
managing member of Mantua Gardens East, LLC, then used the
loan to send a check to Firstrust “in full payment” of the original
1970 mortgage. In 2011, apparently believing that HUD
statutory and regulatory requirements now no longer pertained
to the Mantua Project because of the mortgage transfer, Mantua
Gardens and Grier issued a notice to all of their subsidized
tenants stating that they would have to sign new leases and pay
new rents. Soon thereafter, Mantua Gardens and Grier began
issuing vacate notices to subsidized tenants.

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