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Parkridge Investors Ltd. v. Farmers Home Administration, 13 F.3d 1192 (8th Cir. 1994)
The Court of Appeals held that application of ELIHPA to Parkridge’s loan agreements did not violate the partnership’s substantive due process rights and that application of ELIHPA to the loan agreement did not result in a compensable taking under the Fifth Amendment. Accordingly, the court of appeals upheld ELIHPA’s constitutionality.
