Thank you, Mr. Chairman. The Housing Corporation has been given a loan guarantee capped by this Assembly. In the past, we have entered into a loan guarantee arrangement for interim financing to commercial ventures in order for them to construct residences in the community. At this time, we offer the loan guarantee based on a pre-approved mortgage and on an interim basis until the construction phase is done at a reasonable rate.
Mr. Beaulieu on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 5th, 2001. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
March 5th, 2001
Page 1539
Beaulieu
See context to find out what was said next.