Thank you, Mr. Chairman. There is a big change in the way we've approached some of the delivery of new housing. We used to take the approach where we would look at the clients and their needs and either look at delivering units through either our Expanded Downpayment Assistance Program or the Independent Housing Program. We've now taken the approach where we are going to actually build the houses right now under the supported lease and we have 108 units that we plan to build with this $20.7 million. Then folks can lease that program for a period of time, get their credit in line and established, get some stability in their income and then they could qualify under the IHP program or the Expanded Downpayment Assistance Program to become successful homeowners. Thank you.
Mr. Anderson on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 7th, 2006. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
February 7th, 2006
Page 839
Anderson
See context to find out what was said next.