The NWTHC is carrying a CMHC mortgage of approximately $2.299 million on the facility with a monthly mortgage payment of $15,614.98. The facility was appraised at $2.4 million in September 2001.
Since taking ownership of this facility in 2003, the Housing Corporation has incurred operating and maintenance costs related to this facility totalling approximately $1 million.
With regard to the future plans for this facility, the Northwest Territories Housing Corporation has reached an agreement for the utilization of the former Sombe K’e Healing Lodge
near Dettah.
Effective June 2008 the corporation began leasing this facility to the Deton’Cho Corporation, which is owned by the Yellowknives Dene First Nation. They will operate the facility as a training centre in partnership with the Mine Training Society
and
Aurora College. The initial contract is for a three-year period. The NWTHC continues to be interested in either selling the facility or leasing it on a cost-recovery long-term basis.