Hon Dr MEGAN WOODS: The first tranche of funding will support a hundred families into homeownership, and I expect the first of these families to have their own home by November this year. Phase one is providing us with a good opportunity to learn what is required to deliver a fully effective fund so we can streamline the systems and the processes as needed and ensure we target the priority groups the fund intends to assist. Ultimately, this investment will help up to 4,000 New Zealand families buy their own homes.