Mr. Speaker, we have a number of programs that have been incorporated in the last while to assist the people across the North to get into home ownership or, in the case of repairs, to apply for repairs. In each case there is a
threshold that is established. We look at calculating the maximum construction cost. We look at factoring in the interest rate, land costs, shelter costs, and we also then amortize that over a 25 year period.
For the most part, Mr. Speaker, it seems to be working well. In the last while we’ve had a huge investment in home ownership through the Affordable Housing Initiative and the Housing Trust. That money was provided on a cost shared basis from the federal government. We’ve put a lot of units on the ground. We have heard from a number of people across the North that the opportunity to access this program is too limited. We are reviewing the thresholds to ensure that maybe we could open it up a little bit so that it’s a little more flexible.