Thank you, Mr. Speaker. I have a return to Question O45-12(2), with regard to Southerners owning homes in both the South and the North, asked by Mr. Pudluk on Monday, February 17th.
The Housing Corporation approves clients for the home-ownership assistance program, HAP, who have proven that they are in need of assistance. In other words, Mr. Speaker, applicants must be living in a house that is inadequate or unsuitable to their needs and be unable to afford such a house within 30 per cent of their income.
The Housing Corporation has a residency policy which requires applicants to have lived in the Territories for five consecutive years prior to their application. In the case of applicants who currently own a house, whether it is located in the South or here in the North, the key is affordability.
The Housing Corporation will consider applications from people who have homes, because many families in the North live in their own homes but do not have proper facilities or are overcrowded. These families would not be able to afford an adequate and suitable home without government assistance.