Housing policy is coordinated by HICC, which is Housing, Infrastructure and Communities Canada. The minister and the department responsible for that will attempt to coordinate our programs and our offerings at a portfolio level.
On an individual project level, CMHC's participation is more restricted now. This is because, on the housing program side of the business—the part for which the government is asking us to do things on their behalf—our flagship program is now ACLP, the apartment construction loan program. We don't have some of the other affordable housing programs that we used to have. They will be offered by Build Canada Homes. We may not be able to fill voids, but the intention in the model of creating Build Canada Homes is that they will have flexibilities beyond an individual program.
We had the affordable housing fund, which had a set of rules. We had the rapid housing initiative, which had a set of rules. Build Canada Homes is not being established in that way. It is being established with a pool of capital that its representatives can deploy to projects they feel are worthy, so there should be more flexibility.
