From a CMHC program perspective, as I said, we do have a number of programs in place. Typically there are about 1,000 units renovated each year. There are about 1,000 from new construction. Last year we actually did a little better than that in terms of renovation; we were up over 1,200.
In addition, Budget 2005 allocated over a five-year period $295 million as an additional budget allocation, above and beyond what our normal A-base would be. INAC and CMHC shared in the funding of that initiative. Through CMHC's allocation, which was just over $100 million of that $295 million as of the end of this fiscal year 2007-08, I'm pleased to say that in addition to the normal units we've put on the ground, we've put almost 4,500 new construction units on reserve. We also did renovation of an additional 1,200 units.
Certainly there is no doubt...and I don't think anybody here would suggest that we're keeping up with the pace. As you said, on reserve the growth is significant. But there's another challenge on the ground. I can tell you from a first nations and CMHC delivery perspective that that $295 million budget tripled--almost quadrupled--delivery on the ground during that period. I can tell you that first nations were pushed to the max in terms of the ability and the capacity to get those dollars and the units delivered on the ground.
So as I emphasized in my opening comments, certainly dollars and budgets matter, but capacity development and building that on the ground take time. When they suddenly did get that injection, I can tell you, a lot of first nations really struggled to make it work. Certainly our staff on the ground as well was trying to make sure that we got that budget delivered as quickly as we could.