Thank you, Madam Chair. As part of our objective to get more people into private home ownership, we've got this initiative called the lease-to-own. We're going to make available our detached inventory of public housing units, available to tenants who have steady and stable incomes, who want to enter into home ownership. The way we assess the value is we have an internal assessment calculator that we use. It's largely based on the age of the unit. Our inventory is, as many may know, fairly aged, so the value of these units is commonly not very high. We would also apply current programming to that to assist these tenants to become homeowners. Thank you, Madam Chair.
Mr. Carpenter on Consideration Of Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on March 11th, 2020. See this statement in context.
Consideration Of Committee Of The Whole Of Bills And Other Matters
Consideration Of Committee Of The Whole Of Bills And Other Matters
March 11th, 2020
Page 621
Carpenter
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