Hon Dr MEGAN WOODS (Minister of Housing): With the announcement this week that we've secured $3.8 billion for the Housing Acceleration Fund two months ahead of the Budget, we can begin engagement with stakeholders about the next steps, alongside working with Kāinga Ora on accelerating their large-scale projects. As I made clear to the member yesterday, I'll be taking the final design and criteria for the fund to Cabinet by the end of June, but in-principle decisions about the fund have already been made, and work is well under way to understand the pipeline of projects that could be funded. In answer to the second part of the question, as I also outlined to the member yesterday, the intent of the fund is to create build-ready land for new housing, and investments will begin to be made in the second half of this year. I expect to see new houses enabled by this infrastructure under construction in 2022. 