I learned from a number of housing providers in meetings that under the national co-investment fund it's taking an exorbitant amount of time to receive those funds. Evan Siddall did tell this committee that they have improved the disbursement of government monies, or CMHC funds, to housing applicants. However, we haven't received that data yet.
I'm wondering why the applications for the co-investment fund take over a year, yet CMHC was able to develop a program that I am assuming from what you just told me has similar reporting mechanisms that can be delivered in under a month. Why the discrepancy?