Mr. Speaker, I'll try to be clear for the Member so he understands. There is a maximum subsidy that is given. I said 40 percent based on the value of the home. But again, it's based on the client's ability to pay. The affordability question comes in with regard to being able to pay the operational maintenance costs of the home and also ensure that their expenditure does not exceed the 40 percent that anyone should be able to pay for shelter. So because of those restrictions, those individuals who are in that area of more need, because of their income, receive more subsidy. So hopefully that can assist the Member. Thank you.
David Krutko on Question 17-15(4): Expanded Downpayment Assistance Program
In the Legislative Assembly on May 26th, 2005. See this statement in context.
Further Return To Question 17-15(4): Expanded Downpayment Assistance Program
Question 17-15(4): Expanded Downpayment Assistance Program
Item 7: Oral Questions
May 25th, 2005
Page 38
See context to find out what was said next.