Thank you, Mr. Chairman. Just for the record, we don't have a mandate to provide professional housing, per se. What we are saying is that we can and we have increased the loan guarantee program from $10 million to $30 million. That would allow private developers to enter into the commercial rental market at 15 percent equity, and that's what we're advocating at this point to try to stimulate that sort of professional housing development. Thank you.
Roger Allen on NWT Housing Corporation
In the Legislative Assembly on March 11th, 2003. See this statement in context.
NWT Housing Corporation
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
March 11th, 2003
Page 681
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