Word: kuehne
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Recent Reagan Administration cuts in many housing subsidy programs make Craigie's federal funding vulnerable. But Craigie developer Robert H. Kuehn, who has filed two applications with the Massachusetts Housing and Finance Agency (MHFA) for funds provided for in the National Housing Act, said he is hopeful...
...Craigie project, Kuehn explained, might be more attractive to MHFA because the commercial and market-value units planned for the rest of the building could provide "an internal subsidy" for the low- and moderate-income units...
...Kuehn explained that he asked the letters be sent as a record" to insure tenants were notified of available apartments and to prevent" window shopping forever...
...going to be a stickler about the number of units offered,"Kuehn stated adding that "the burden is on us to satisfy, not the reverse...
...Kuehn said that the rent figures mentioned in the agreement are onlyaverages, and rising costs have driven rents higher than anticipated...