Madam Chair, we needed to respond to a need that was in the communities that was being voiced by Members of the 14th Assembly, members of the communities and community leaders, to provide houses in the communities that professionals could rent. I'm repeating myself again, but we did an assessment of what the cost benefit would be in terms of stick built versus trailers. We looked at the best scenario to put lowest rent possible for the units in place, and we wanted to ensure that these units were competitive when it came to reselling. That's the background work that we've done on these units. Our direction was to provide units in the communities at a competitive rate, resale value and full cost recovery and this is what we intend to do.
Michael McLeod on Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 25th, 2004. See this statement in context.
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 20: Consideration In Committee Of The Whole Of Bills And Other Matters
March 25th, 2004
Page 346
See context to find out what was said next.