Thank you very much for that question.
We're halfway through the rollout of the coinvestment fund, and we have conditionally committed half the funding for the 110,000 units that are referred to here. We provide funding to proponents as the construction proceeds. To this date, the construction is completed on about 27,000 units and all the funding has been disbursed.
For all of the other programs, we provide funding, as the construction proceeds, in the form of many advances. During the period of COVID, there was a slowdown in construction activity, but CMHC is very committed to making sure that, as soon as a project advances or asks for it, the funds are provided. It's funding that's provided not all at once but during a gradual cycle as the building project comes to fruition.
I would just comment that, halfway through the program, we've committed half the funds and have achieved half the targets committed.