You already do this via Section 8 subsidies. But beyond that, there’s already such a gigantic shortage of housing that it’s near impossible to “pull yourself up” to buy a home. Boomers aren’t leaving their houses and are living longer. there’s no supply.
This doesn’t make any sense. All they’re proposing is to reduce restrictions on development, especially environmental review acts like CEQR which can add years to development.
We don’t need or want high rise “LEGO condos.” We just have to allow more density within existing cities, the way it was before strict Euclidean zoning regulations. We do this by allowing developers more freedom to build.