Developers say, look, we can't build low income housing or moderately income housing if we're going to lose money on it. So should the state have a play in that? Oh, my God, it's a layer cake. Believe me. The state's very involved in what we do to help subsidize more affordable housing. Affordable housing is so your child can afford their first home or teacher, fireman, police can afford to live in the town where they work. So that's a big piece of what we do. (11:24–11:30)
CLAIM
Asserts that the state is actively involved in subsidizing affordable housing.
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