This is exactly what the developers say. Low income housing, which is unaffordable even on middle class income, is only viable if heavily subsidized. So the tax payers have to pay the developer to take the guaranteed loss. And even then, 3000 rent on a low income studio apartment is only possible for low income people who have subsidies. So the tax payers pay the developers to build it, and then pay the tenants to rent, and people have the gall to refer to this as the “free market” solution.