No. The co-investment fund is actually over-performing, and we've heard testimony before from CMHC on how we've compressed the turnaround times. It was a program that was launched from a dead start, because there wasn't a housing strategy in place when we took office in 2015.
The rapid housing initiative seeks to build a different kind of housing. The co-investment fund does not in and of itself create deeply affordable housing. Housing requires you to buy land in the market and to buy materials and labour in the market, and there, to get it down to deeply affordable, you need government subsidies. There are no two ways about it.
In this particular case, the hardest to house, that particular population—the chronically homeless in particular, but people who are sleeping rough, in the shelter system or couch surfing, otherwise known within the sector as the “invisible homeless”—has never really had a focused intentional policy aimed at driving those numbers down in specific ways. What Reaching Home does is that it transfers people to that housing system. You need a housing system to transfer them to and house them—