@garycrum - I am not trying to defend this particular project, I am responding to the general reaction of the majority of the people in this conversation, which is very much saying NO to all subsidies (or that is how I am reading it).  Without subsidies there will be no low income housing.   I am not saying MUPTE is a good or a bad thing, or this project is a good or a bad thing, I do know that trying to have a conversation about this is proving difficult as many do not understand the details of how all this works.  The lack of conversation about GOOD solutions or what makes for effective subsides is not going to fix the housing problem. 

Your point of there being less space for affordable housing it spot on.. and one that I fear is going to get worse.  We need to have a better conversation about what the right approach is - right now that conversation is not happening (my opinion).