Thank you, Mr. Speaker. I have a return to an oral question asked by Mr. Bernhardt on December 17th. The capital, as well as the ongoing operation and maintenance costs for public housing in the NWT, is cost shared on a 75 per cent CMHC, 25 per cent NWT Housing Corporation basis. In receiving this funding from CMHC, the NWT was expected to follow the principles of the federal public housing rent scale. The federal public housing rent scale stipulates that the rent levied for public housing units should range between 25 per cent and 30 per cent of gross household income. These figures represent the national recognized affordable indicator for what a household should pay to rent a suitable, adequate and affordable home.
If the NWT Housing Corporation designs a rent scale for the assessed rent below 25 per cent of gross household income, CMHC would reduce its contribution to the NWT Housing Corporation to recover any operating losses. I will give the Member a copy, as well.