What the honourable member refers to is the importance of investing rapid housing initiative dollars in places like London, which are facing housing shortages and challenges with respect to homelessness.
London is a major regional hub for a lot of transient folks who come from northern Ontario, as well as from Windsor. We're proud of the fact that we have worked with Mayor Ed Holder, a former Conservative member of Parliament, who is very supportive of the rapid housing initiative because he feels that this is a rapid housing solution to London's homelessness challenge. It will translate to roughly.... To get a picture of what number of units would be produced by that, if it's a 100% federal contribution, that's about $300,000 per unit. Now, if the proponents in London also bring additional dollars, land or other incentives to the table, we could produce even more units in London.
Secondly, the municipality and the non-profits of London, Ontario, can also take advantage of the second envelope within the rapid housing initiative—another $500 million—for any projects that exceed the allocation for London in the first envelope of the municipal stream.