Mr. Speaker, we are doing exactly that by getting out of the social aspect of housing, evolving that to Education, Culture and Employment. We will focus our emphasis on managing those properties, but also renting the properties at a reasonable rate. Right now, people paying $32 a month for rent is subsidized housing. Right now, the cost to operate one unit in a community is roughly $18,000 a year. That's what you have to pay to operate a unit in a community. At $32 a month, that house is subsidized for roughly $1,500 a month. There is a major subsidy attached to a lot of these rents. People pay, because they are in social housing, roughly in the area of 14 percent of your gross revenue on rent. We don't charge the full 30 percent like some people assume. Again, we are looking at that. The first step we are taking right now is to centralize all social funding into one area. We are looking at focussing our emphasis on improving the quality of our houses in communities, but, more importantly, putting more houses on the ground. Thank you.
David Krutko on Question 408-15(4): Rent Scale Funding Formula For Public Housing
In the Legislative Assembly on February 15th, 2006. See this statement in context.
Further Return To Question 408-15(4): Rent Scale Funding Formula For Public Housing
Question 408-15(4): Rent Scale Funding Formula For Public Housing
Oral Questions
February 14th, 2006
Page 1051
See context to find out what was said next.