Federal Freeze Imperils Housing Projects in Area
Recently-announced freeze of Fed housing subsidies places $1-billion worth of housing planned for NYC Met Area in jeopardy; Fed housing officials in NY-NJ-Conn area are not yet able to clarify situation or give precise information on impact of freeze; say $51.4-million per yr in subsidies had been expected for more than 120 projects which are in various stages of planning; all projects were being built for middle- and low-income families under sec 236 of Natl Housing Act of 1968; freeze was placed on 236 projects that had not received 'letter of feasibility' by Jan 5, on public housing projects not already approved and on some community development programs; HUD Sec Romney says moratorium was declared to permit re-evaluation of Fed programs