Merci, Madam la Presidente. I'm just going to say to the Minister, I've got a wood pellet boiler in the House. I'd be happy to show her. But my questions are, again, for the same Minister, Minister responsible for the Housing Corp, and they're about the federal coinvestment fund and the NWT carve out. Can the Minister confirm that the NWT carve out funding has now all been accessed and will result in 66 new housing units for small communities? Mahsi Madam Speaker.
Thank you, Madam Speaker. Yes, the coinvestment $60 million has been spent throughout the Northwest Territories. $25.5 million of that funding was applied to by the Housing Corporation therefore we were able to deliver 60 units throughout the Northwest Territories. And additionally, the 34.5 million was applied to and by Indigenous governments.
And with the previous announcements by the federal government, I just want to let the Member know that the recipients of the $34.5 million throughout the territory, the Indigenous groups received were Deh Gah Got'ine Nation, Lutselk'e Dene Nation, Hamlet of Tulita, Yellowknife Dene Nation, and Fort Good Hope Dene, had accessed their $34.5 million. Thank you, Madam Speaker.
Merci, Madam la Presidente. I want to thank the Minister for that. Of course it's good news, but I wonder about the cost of these units. The average cost of the units appears to be about $520,000. Can the Minister explain how this compares to previous new builds undertaken by the NWT Housing Corporation. Mahsi, Madam Speaker. And I gave a head's up to the Minister so she got these ahead of this afternoon's proceeding.
Thank you, Madam Speaker. What I had found with the delivery of these units, they are costing us significantly a lot more than expected and the Housing Corporation has to work very strategic in delivering these units as well and trying to meet the obligations and the intent of the federal government for distributing this federal funding.
The corporation tendering cost results depend on a range of factors such as building location, building designs, the method of construction, and whether these are going to either be stick built or modular. For the corporation's coinvestment delivery involves bachelor and onebedroom units configuring either into fourplexes or duplexes for added cost savings.
With the 60 construction unit delivery primarily modular construction, 520,000 per unit cost has referenced in the corporation's total project budget including the design, site development, and logistics.
As with other in the construction industry, the corporation is observing price escalations in its delivery due to the impacts related to the COVID19 pandemic and also the availability of materials to be delivered to the territories as well. Those prices have drastically increased. Thank you, Madam Speaker.
Merci, Madam la Presidente. I want to thank the Minister for that. I was hoping to kind of get an understanding of how these new costs compared to previous new builds, but I want to move on.
As the Minister and this House knows housing is certainly one of my own top priorities and we need to close the gap in terms of core housing need. Can the Minister confirm that the 60 units under the NWT carve out for the Housing Corporation will become part of their inventory and how will this affect operation and maintenance requirement and costs? Mahsi, Madam Speaker.
Thank you, Madam Speaker. Yes, this will be adding new stock to our current public housing units on the ground level. The corporation is anticipating being able to deliver these units, new public housing units for the list of communities. I'm pleased to advise that the corporation has received an initial funding allocation in 20222023 for the GNWT for the incremental ongoing operation and maintenance funding required associated with this delivery, and this included this will be included in the 20222023 main estimates. This funding for the additional units will begin in the delivery year of 20222023. That fiscal year is when these units should be constructed and people should be living in them. Thank you, Madam Speaker.
Thank you, Minister. Final supplementary, Member for Frame Lake.
Merci, Madam la Presidente. I want to thank the Minister for that and, of course, probably have a few more questions this afternoon about where it's found in the main estimates. But it's not clear what the longterm plan is for the financing of the Housing Corporation, whether its governance model needs adjusting. Can the Minister briefly discuss the lessons learned from the NWT CoInvestment Fund carve out? Mahsi, Madam Speaker.
Thank you, Madam Speaker. The corporation is currently undergoing the renewal. This will help us inform the annual and longterm business planning of the corporation and the governance element for the renewal conversations. Improved engagement with Indigenous groups, effective partnership capacity of stakeholders to apply for the secure federal funding and continue to work with Canada in partnership to seek innovation and flexibility and financing arrangements will also inform the renewal outcomes.
But looking at the longterm plans for the corporation, I will have to follow up with the Member as well, that, you know, we're just trying to get through this construction season right now. We are wanting to deliver these units on time. But that doesn't stop the corporation from going forward and accessing and lobbying for further funding coming forward. One of the things that the corporation is wanting to do now is address seniors housing in smaller communities as well, too, so we're having those conversations with the federal government on what type of programming that we should be applying for because we haven't received any further direct funding but except for the I think it was $25 million that we had received in the spring and those units are now just rolling out this year of 2022. Thank you, Madam Speaker.
Thank you. Oral questions. Member for Yellowknife North.
