Thank you, Mr. Speaker. Indeed housing did fail our people, especially in small communities. Mr. Speaker, across the NWT, many residents live in market rental units owned by Housing NWT. These homes have provided shelter and stability for many families, but the dreams of homeownership is not possible. It is unreachable for many.
Mr. Speaker, in communities where there is little to no housing market, residents cannot buy a house. There is no house listing, no private developers, and no banks offering mortgages. Yet these same residents have been paying rent, maintaining the house, and contributing to the communities. They are not just tenants, Mr. Speaker; they are the caretakers, neighbours, and community builders.
Mr. Speaker, Housing NWT is accepting all recommendations made as per the housing audit; therefore, I am calling on housing to transfer market rental units to long-term tenants similar to what is offered under the homeownership initiative to public housing tenants. This program support tenants in transitioning to ownership, and it should include market rental units in small communities where there is no housing market.
Mr. Speaker, transferring the ownership of these houses will empower. We know it will, that will empower the families with stability, dignity, and the ability to build equity. It would also reduce the long-term costs of maintaining these units for government while strengthening local economies and encouraging community pride. Mr. Speaker, I ask for unanimous consent to conclude my statement.
---Unanimous consent granted
Mr. Speaker, this is a solution that aligns with our goals of reconciliation, self-sufficiency, and economic development. Mr. Speaker, this is not just about bricks and mortar. It is about fairness, opportunity, and hope. Thank you.
Thank you, Member from Monfwi. Members' statements. Member from Yellowknife Centre.
