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This is a memorandum opinion from the United States Bankruptcy Court regarding an adversary proceeding filed by Brian K. Faircloth against debtor Kathy A. Palmer, discussing allegations of fraudulent
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Faircloth refers to a provision in the U.S. law that limits the number of publicly supported housing units that can be developed after a certain date, established as a result of the Faircloth v. Pierce court case.
Public housing authorities and agencies that receive federal funding for housing programs are generally required to file Faircloth related information.
To fill out Faircloth filed documentation, agencies must provide accurate information regarding their housing stock, the number of units developed, and compliance with the limits established by the Faircloth ruling.
The purpose of filing Faircloth information is to ensure compliance with federal housing laws and to monitor the availability of affordable housing options within communities.
Agencies must report the number of public housing units currently in use, the number developed after the Faircloth cutoff date, and any relevant details regarding funding and compliance.
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