CHICAGO - The U.S. Department of Housing and Urban Development and the developer of a Chicago housing complex that defaulted on its federally backed mortgage have agreed on a tentative plan to avoid federal foreclosure, spokesmen for HUD and the complex's owner said yesterday.

The tentative agrrement followed Habitat's acceptance of a demand by HUD to allow low-income tenants in the Presidential Towers complex, an issue that a HUD spokesman said had been "a stumbling block" to the negotiations.

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