I believe the rapid housing initiative has been an amazing success. We have demonstrated that a new, rapidly implemented housing program can build housing in a matter of months. The reason we have been able to do that is the collaboration, as you said, with municipal governments and non-profits.
This is a program that has far exceeded its targets. Its initial target was to build around 7,500 new affordable and permanent housing units. We far exceeded that, and now we're on track to build 10,250 affordable housing units in record time, from 12 to 18 months. Some of them will be in even less time. I've seen projects that went through the first round that already have people living in them and were built in four to eight months.
The rapid housing initiative is an example of what can happen when we work closely with our municipal partners, deliver the money directly to them, allow them to invest in projects as they see fit, and trust them to make those decisions. That is precisely what we have done.
In terms of the future, I hope we can continue this program, because it's working really well.