Thank you, Mr. Speaker. Mr. Speaker, we are talking about two different projects. The affordable housing initiative will put some 530 houses on the ground, but half of those houses that are going to be delivered are multi-configured construction. So they are going to take less land to put that many units on the ground. On the other areas that we are looking at is the Novel housing which are single dwelling units, which you are going to have to develop some 830 lots to put that many more houses on the ground. Also, with Novel, there is also going to be a project management cost associated with this major development for land and lot development which is not the case in the affordable housing project.
Again, Mr. Speaker, the price that we are looking at in which in Novel is, we are looking at putting out almost half of those units to be sold on the public market. We are hoping to recover some $40 million out of the $200 million
cost. Again, we are going to have dollars coming back to this project, which is estimated at about $160 million after we recruit those costs by selling off the units. Again, Mr. Speaker, we are talking about two different projects. We are talking about two different ways of constructing our units, multi for the affordable housing units, 530 houses. The 800 units for Novel are single dwelling units where we have to develop some 830 lots. That is where the major difference in this cost is. Thank you.