Thank you, Madam Speaker. Madam Speaker, we have learned from our experience in the last couple of years through the market housing initiative. We are looking at redesigning the newer models with regard to having a duplex layout, so the cost will come down. I think we are looking at somewhere in the range of $850 to $1,000 and that includes utilities. Because we are able to bring down the cost of the units themselves because the individuals want to be able to buy units outright, now we are able to deliver these units at a lower cost than we were able to deliver the first phase for. By making these changes and working out the kinks in the first phase, we are able to bring down the cost, so it is more affordable and people can purchase them at a more affordable price. Thank you.
David Krutko on Question 59-15(4): Market Housing Initiative
In the Legislative Assembly on May 31st, 2005. See this statement in context.
Further Return To Question 59-15(4): Market Housing Initiative
Question 59-15(4): Market Housing Initiative
Revert To Item 6: Oral Questions
May 30th, 2005
Page 119
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