Thank you, Mr. Speaker. I was asked a question by Mr. Krutko on March 30, 2000, regarding the amount spent by the Government of the Northwest Territories for the Alaskan Seniors Pilot Project.
Mr. Speaker, there will be no cost to the Government of the Northwest Territories for the pilot project to construct a five-unit seniors' complex in the community of Stebbins, Alaska. All costs for the pilot project are being borne by the Government of the United States of America through the U.S. Department of Housing and Urban Development. The Northwest Territories Housing Corporation expects to make money from this sale, which will also benefit Northwest Territories manufacturers, suppliers, and a Northwest Territories construction company, which will be sub-contracted to build the complex. What the Northwest Territories Housing Corporation brings to the table is its expertise in Arctic construction and logistics.
This deal has been termed a pilot project because it is the first time the Northwest Territories Housing Corporation has worked in conjunction with the Alaska Housing Finance Corporation and the U.S. Department of Housing and Urban Development. If this project is successful, there is the potential for increased business with these two American organizations. Thank you, Mr. Speaker.