Hon Dr MEGAN WOODS (Minister of Housing): Yes, in the context that it was made. Councils have told us that helping to fund infrastructure is the most important thing that we can do to help them add to housing supply. We know that dealing with an infrastructure investment deficit that has been decades in the making is critical. Under-investment in infrastructure has limited both the amount of new land that can be used for residential development and limited the intensification potential of existing urban areas. The intent of the $3.8 billion Housing Acceleration Fund is to increase supply by creating build-ready land for housing via our large-scale programmes, land the Government already owns, private development projects, and iwi and Māori-led projects. I'll be taking the final design and criteria for the fund to Cabinet by the end of June, and the Housing Acceleration Fund will start making investments in the second half of the year.