It’s an idea worth exploring but probably doesn’t pencil out

https://www.dcpolicycenter.org/publications/green-new-deal-housing-testimony/

> Under these affordability requirements, the remaining third of households must pay a monthly rent of $4,386—$2,316 for the prevailing rent, and $2,070 for the necessary cross-subsidies. Households that could afford this rent correspond to those who earning 137 percent of Median Family Income. According to ACS data, renters with this level of household income are about 6 percent of all households and 13 percent of renter households.3 And at this rent, there are many competing units, as well as opportunities to own, making it likely that the units set aside for this group will have a hard time attracting tenants at such high rents, or won’t be able to command the type of rent that would generate sufficient operating subsidies to cover for the operating costs and debts from development costs.

> Therefore, it is unlikely that these projects can be financially sustainable without government subsidies, and therefore most likely they won’t be able to raise funds from debt markets without the full faith and credit of the District of Columbia, as proposed in the bill.

and it keeps going