"Affordable" is often used as marketing speak for "subsidized". In effect, the city is forcing the property owner to select some random poor people and give th

"Affordable" is often used as marketing speak for "subsidized". In effect, the city is forcing the property owner to select some random poor people and give them monthly "cash" to help pay their rent. Except that "cash" can only be used for one particular unit, which locks them in, so it's economically much less efficient than real cash. It's basically just an inefficient tax on property owners that gets redistributed to a handful of lucky people.