NWT Housing Corporation releases new rental scales for tenants
Yellowknife, N.W.T. - The NWT Housing Corporation is hoping the new rental scales for public housing will be more simple and fairer for everyone.
Its minister, Robert C. McLeod, unveiled the new scales on Monday for its 2,400 units around the territory.
The rental charges are still based on gross household income, but the levels have been changed.
McLeod said the rental scale will also be based on where you live and is split into three zones.
“Minimum rent will be $70 to $80 per month for low-income households depending on their community,” he said. “Maximum rent will be $1,445 to $1,625 per month depending on community.”
That means tenants will pay rent of between 4.2 per cent and 19.5 per cent based on gross income.
The new scale also means that seniors will be paying rent now, but they will receive an exemption for $1,000 of gross income before rent is charged.
McLeod said that change had to be made.
“We believe that this is something that had to happen,” he said. “We’ve been doing it for a while and as I’ve said before, it’s just not going to be sustainable anymore.”
McLeod also announced that the price of electricity for those tenants is also going up from six cents per kilowatt hour to nine cents per kilowatt hour.
The new rental scales will come into effect on July 1.
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