First of all, I think there are two aspects to my optimism. One is that CMHC is a great Canadian institution. I'm very blessed to be surrounded by employees who are committed to doing their best to serve Canadians. We have employees who are distributed across the country, and their jobs are to help proponents gain access to very important federal funding that supports the development of affordable housing across the country. It's a privilege for me to be leading such a dedicated workforce. That is one source of optimism.
Another source of optimism is when I think about the national housing strategy. The $70-billion commitment is a significant commitment. CMHC, as an organization, is focused on delivering on that. There were some hiccups in the early years in terms of delivery, but I feel we have the great ability to deliver on the government programs. I have great confidence. We received over $3 billion in funding through the most recent budget, and I feel confident that we can deliver that quickly. That investment will have a very meaningful impact on the lives of many Canadians, especially those who are most vulnerable.
I mentioned the top-up to the rapid housing initiative, which is fantastic. We also have an opportunity to bring forward funding for the co-investment program, which will be great. In addition to that, there was a theme about helping women and children. I'm particularly pleased that there was $300 million of additional funding for the Canada housing benefit, particularly targeting women and children who are fleeing family violence. I think there's a lot of good we can do with the program.
In addition to that, the biggest funding aspect of the most recent budget is $4.4 billion in energy retrofits for home owners. We at CMHC are very committed to climate change, and we recognize that housing stock is a very big emitter of greenhouse gas emissions. We feel blessed that the government has entrusted us to deliver on this very important program to address greenhouse gas emissions in the housing sector. We're very pleased to deliver on that as well.