Nationwide, the Government has been expanding its stock of 4.6 million subsidized units by about 61,000 a year.
Some 350 units, including all the subsidized units, have already been sold.
Most downtown residential housing is subsidized units for low-income families.
Many of these developments included subsidized units for low-income residents.
Thirteen subsidized units will sell for $41,000 to $162,000.
On the other side, though, we do also clearly want to increase the number of subsidized units through the mayor's housing plan.
All parties have now agreed to a plan that calls for 709 subsidized units.
Rental rates for subsidized units are based on available housing and welfare subsidies.
State officals also are seeking to take steps to protect residents in subsidized units.
To create 300 subsidized units would take 1,200 market units.