Thank you, Mr. Chair.
I want to thank both of the witnesses today. This testimony is so important. It is my wish that this testimony gets the government thinking differently and reframing how the accelerator fund actually could also promote purposeful, rental-stable, already built housing.
My first comment is that the accelerator fund cannot incentivize the financialization of housing. I would ask Mr. Barndt about the Ready Now model, the purpose-built rental that could create the right supply more quickly.
My question is for Mr. Barndt, and then, if there's enough time, I would also like to hear from for Mr. Racette. How much time can be saved, how much less expensive can it be to build them and how many more units could we get if we spent a little more of our focus on the already built housing units, purpose-built rental?