Thank you Madam Chair. Certainly, the investment that was made to assist proposed to access the co-investment fund is a good thing. Right now, having our community relations advisor in place has been very positive. We're seeing a lot of outreach happening jointly with CMHC. Next week, we're travelling into Hay River. We've got some meetings in Hay River with the seniors' society, with some of the developers, meeting with the Metis, so the First Nations, Soaring Eagles Friendship Centre, West Point First Nation, KFN. We're getting the word out there that here's the fund; here's how to access it. The community relations advisor is serving as a navigator, as well, to help people to get their applications submitted, to get questions that they may have to seek answers from CMHC directly. It really has tied a close, working relationship with CMHC, a closer working relationship.

Right now, there's three applications here in Yellowknife that are very close. The letter of intents have been submitted, so they're very close for final approval. They'll be the first ones receiving funding under the co-investment. I think the funding is coming out of the national pot. There's been some movement on securing funding for the applications that didn't get approved through the rapid housing initiative. I think that was shared with the Members yesterday, so there's been some good progress. We're hoping that as the outreach continues with CMHC, we'll get more applications on the table, and we'll start seeing delivery. Hopefully, we'll see the first shovel in the ground this summer here in Yellowknife. We're excited. I think the big missing link was having, we have a dedicated resource now that is supporting clients and proponents who are accessing the fund. Thank you, Madam Chair.