Who should pay what for affordable housing?

Developing housing that’s affordable for low- and moderate-income New Yorkers remains one of the more pressing issues facing the city. (Mayor Bloomberg, during his successful re-election campaign this past autumn promised to build or to preserve 165,000 such units by 2013.) But building affordable housing, which is often government-subsidized, raises the inevitable question: What are the legitimate costs that taxpayers should cover and what are the costs that developers should cover? more [NYT]