I’ve always understood the process (in a certain US state that will remain unnamed) to be that apartments can dedicate some portion of their units to be Section

I’ve always understood the process (in a certain US state that will remain unnamed) to be that apartments can dedicate some portion of their units to be Section 8 which then allows the owner to get some fat tax breaks. In return, the owner agrees to submit to periodic inspections to prove that the units are well-kept and to only offer those units to tenants the city seems low-income/needful. This idea of purpose-building one entire low-income/needful apartment building seems insane. Apportioning units from regular apartment blocks seems like a much better approach. At the very least, the investors aren’t holding their breath for the profit to come in.