Thank you, Mr. Chairman. Mr. Chairman, I'm just looking for a bit of clarification. I'm going to just indicate what I think PATH is going to try to do.
So when a public housing unit is determined for sale and the tenant in that public housing unit has an opportunity to buy it and the house is valued at $100,000 and the Corporation makes a decision to apply PATH, and the person is making under a certain amount so that the tenants get 48 per cent of the cost of the house, so one house worth $100,000 would be $48,000. I'm wondering if that $48,000 is budgeted or if it's just a reduction on what the corporation will receive?
Mr. Chairman, what I'm getting at is if, in that instance, where the house is valued at $100,000, the NWT Housing Corporation actually gain a capital amount of $52,000?
So the Minister said earlier that she was targeting 33 units; whether they're one in each community or not, the point, I guess, 33 units. So we're talking 33 units at an average cost of $100,000 a unit, with the application of PATH then there should be a fairly substantial chunk of capital coming back to the Housing Corporation over the year. I was wondering if that's the type of formula the corporation is using when they're determining the PATH budget? Thank you, Mr. Chair.