Thank you, Madam Chair. Madam Chair, before any of these dollars are released, we have to make it clear that the money we are allowing, based on the $18,000 per door per unit, is based on those residences having to be occupied by low income people. In order to ensure that occupancy list is there, the dollars we are expending is for low income people to reside in these units. They are basically low income housing for those residents. That is why we are giving them the rent supp. It is just like any other federal program where they do give private businesses so many units that they designate for social housing or whatnot, but it has to be structured for people with low income. So that is the catch. It has to be for low income residents to reside there.
David Krutko 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 6th, 2006
Page 814
See context to find out what was said next.