Yes, absolutely. The beautiful thing about the Canada housing benefit is that when we sign agreements with provinces to help renters, the provinces determine their priority populations.
Ontario was the first province to sign an agreement with us and signed at the beginning of this year. It's called the Canada-Ontario housing benefit. The Province of Ontario said it wants to target folks who are most in need of housing: vulnerable Ontarians, women fleeing domestic violence, those who have suffered human trafficking, Ontarians with disabilities, indigenous Ontarians and seniors. Because they have kept the benefit to those populations, they have managed to make it much deeper, between $6,000 to $7,000 a year, which enables people to get out of temporary housing and into permanent housing. Someone may need it just one time in their lifetime to get into housing. Another person may end up using it for a year. Other people may end up using it for longer. The Canada housing benefit is our response to the issue of rental affordability.
We are also making sure that we build more affordable housing. We enable developers to build more affordable rental housing through the RCFI, the rental construction financing initiative. I and Adam Vaughan, my parliamentary secretary, have made many announcements, and we have ensured that a number of projects have either been started or completed. We will ensure that renters will have affordable rent in places where they have simply been priced out.