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Nunavut Housing Corp. faces high arrears, dire need for more units – Nunatsiaq News

November 23, 2015

NHC targeting communities with the worst rent collection rates

The Nunavut Housing Corp. is coping with $27 million in unpaid rent and tenant damage bills, the agency said in its annual report, a situation that creates a “formidable challenge” for the territory’s public housing body.

The NHC’s 2014-15 annual report, tabled last month in the legislative assembly, shows that its rent collection rate dropped slightly in that period. In 2013-14, they collected 89.6 per cent of rents owed, and in 2014-15 they collected 88.3 per cent of rents owed.

But they are still owed more than $27 million in unpaid rents.

Read More: http://www.nunatsiaqonline.ca/stories/article/65674nunavut_housing_corp._faces_high_arrears_dire_need_for_housing/

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