Woodrow Wilson of Middletown, LLC v. Connecticut Housing Finance Authority

Summary

The court affirmed the judgment rejecting the plaintiff's breach-of-contract claim based on the defendant's refusal to consent to mortgage prepayment. It held that the defendant reasonably interpreted "the area concerned" for purposes of the governing statute as the Hartford metropolitan statistical area and properly determined that the statutory prepayment conditions had not been satisfied. The court did not reach the plaintiff's good-faith-and-fair-dealing claim because the plaintiff conceded that it became unnecessary if the statutory interpretation was upheld.