Mr. Speaker, as housing Minister, one of my main goals was to strengthen and develop partnerships and relationships. Now, as we come to the end of this Legislative Assembly, it is evident that partnerships have played a crucial role in our success. One of our most important relationships, of course, is with the Government of Canada. We have a number of programs and new projects that would not be possible without this partnership.
Mr. Speaker, in the past four years I have met with federal Minister Hussen, Minister responsible for Housing, Diversity and Inclusion; and Minister Vandal, Minister responsible for the Canadian Northern Economic Development Agency, on several occasions, most recently with the new Minister responsible for Housing, Diversity and Inclusion, Minister Sean Fraser. I have also engaged on several occasions with the Northwest Territories Member of Parliament Michael McLeod and Member of Parliament, Mr. Chad Collins who is the chair of the national housing caucus.
Mr. Speaker, it is through these engagements with federal officials that we have the opportunity to outline and highlight the need for federal support to improve the housing situation.
Housing NWT staff have also been very engaged with their colleagues in the federal government, and it is through these partnerships that we have been very successful in securing resources for the North.
Mr. Speaker, as Minister responsible for Housing NWT, I am proud to say that through our partnership and relationships over the life of the 19th Legislative Assembly, over $600 million in federal funding has been announced to support housing priorities across the Northwest Territories.
We recently announced another partnership project with the City of Yellowknife at the Aspen Apartments. Through this partnership with the city and the Canada Mortgage and Housing Corporation, Housing NWT has a budget of approximately $5 million under the cities stream of CMHC's Rapid Housing 3 Initiative for safety upgrades and other required renovations. This project allows Housing NWT to acquire and modernize the Aspen Apartments, a 36-unit building, which will further increase our number of owned public housing units in Yellowknife while freeing up leased units for private market rental needs.
Approximately a year ago, Mr. Speaker, Housing NWT assumed full ownership of the Nordic Arms apartment building in Yellowknife. With assistance from Canada, we were able to complete necessary upgrades and other renovations for the building so that public housing tenants could move in safely.
Housing NWT has worked hard over the life of this government to increase its stock of quality, energy-efficient, and affordable housing for those most in need. With the Aspen Apartments and Nordic Arms, these buildings, Housing NWT is delivering its commitment to be innovative and provide sustainability.
In addition to these projects, we are also supporting the low-income households through the Canada-NWT's housing benefit, a monthly subsidy up to $800 for families to cover rental costs. Any household paying more than 30 percent of their gross income on rent can receive this benefit with the eligibility being able to stay in the program for up to two years.
Mr. Speaker, the Canada-NWT housing benefit is entering its third year, and I cannot speak highly enough of this program. Housing NWT's mandate is to increase the well-being of individuals and communities by providing fair access to quality housing supports for people who need it the most. The Canada-NWT housing benefit just does this by providing much-needed financial assistance to house people who are otherwise unable to afford it. Our staff have heard very positive feedback from community members who have accessed this funding. It is programming that allows residents to breathe at ease and save a little bit more.
Mr. Speaker, the accomplishments outlined today are only some of the most recent announcements of federal investment made over the life of this government. I am encouraged that through both mine and the department's partnership with the federal government and our colleagues throughout Canada, we have prioritized the Northwest Territories' housing needs and delivered by approving a wide range of projects under the National Co-investment Program, the Rapid Housing Program, and the Reaching Home Program.
Mr. Speaker, Housing NWT acknowledges and celebrates how much this government and the Government of Canada has prioritized our housing needs as we continue to advocate for further supports through our recommendations to enhance and allocate funding through the national housing strategy and the urban renewal and northern Indigenous housing strategies that are being led by the federal government.
Mr. Speaker, during my conversations with the federal Ministers, I have made it clear that we would also be in support of funding going directly to Indigenous governments to support Indigenous housing for the North. And as outlined previously this session, this was indeed a huge success.
Mr. Speaker, this is significant federal funding that will continue to support and to increase affordable housing units throughout the North, additional market housing units, and repair opportunities also for private homeowners. Mahsi, Mr. Speaker.