Thank you, Madam Chair. The 176 units investment, it's actually a larger M and I investment than we typically do in a run of a year. You typically would see about half M and I projects and then half new construction projects. But as noted, typically -- as noted, we have a fair amount of new construction investment going on in the current year, and that's why we're accelerating much needed repair investments for 2022-2023.

And there certainly is a backlog with the Housing Corp. We're refining our numbers of course but, you know, our tabletop exercises indicate, you know, a $40 million annual infrastructure deficit, and that's combining both new construction, replacement requirements, as well as major retrofits to extend the life of our units, and that is a 20-year assessment number that I provided. And as I said, that is a tabletop number, and we'll continue to refine that number going forward. Thank you, Madam Chair.