This is mostly a good thing, akin to UBI for a small group of means tested people chosen at random. In effect, a lottery will need to be drawn for below market rents if this ever gets built. It will help those who are selected. It will add housing. Those who are not selected will wait years because there will be nothing close to this price for anything good on the market. One thing I didn’t see the article address is what impact this has had in Montgomery County.

The real problem is more housing is needed, period. All types and all densities are necessary to address the problem at hand. Every time you see housing shut down by NIMBYs, you can thank them for existing home prices. Don’t be shocked if this gets the same treatment as Fane Tower. They’re NIMBYs of a different stripe with different beliefs, but the result will be the same - no new housing.