Thank you, Madam Chair. It is my understanding that, in all communities of the Northwest Territories, when private home owners receive housing assistance from the corporation to build their own homes, they pay whatever the price is in their community to lease that lot. In most communities, it is $250. In Rankin Inlet, on these new lots, the community itself will set the lease price. The $1,000 I am referring to is what MACA will require the municipality to pay back for those lots. The community itself will decide how much of that they're going to charge their residents.
It is really in line with MACA's policy of having municipalities assume control for the disposition of lands within their municipal boundaries. But it is not my understanding that private home owners would be required to pay the full economic costs of the lot.