Thank you, Mr. Speaker. The Housing Corporation tries to find, and the partnerships in the smaller communities as well and outside and inside of Yellowknife and looking for housing opportunities. And I know that this number is quite -- like, 38 out of the 45. But we don't have that amount of money right now in this government to be purchasing buildings such as this. I know that we did just purchase one here in Yellowknife for $2 million, and that was an opportunity that we were one of the bidders among ten of them here in Yellowknife as well too, and we were successfully able to purchase that. But unlikely when we're looking at other opportunities through the Northwest Territories, I don't know if we would be able to find another opportunity such as that. We don't have an additional $10 million set aside to be purchasing these buildings. And I understand throughout the Northwest Territories that this is a significant amount, but it's the least amount that we do have, and we did jump at the opportunity when this building was being built to try to alleviate our waitlist in the community.
The other thing that I also pursue as a Minister is our federal funding that is out there with the federal government. We've been quite successful with the rapid housing program and also the co-investment, and also just with the conversations with the Indigenous groups as well.
As those conversations continue, we are talking with the Indigenous groups in Inuvik as well and looking at their possibilities to submit for co-investment application to work with the corporation and working with those -- with the waitlist and those existing leases in Inuvik. Thank you, Mr. Speaker.