Hon Dr MEGAN WOODS (Minister of Housing): Today, I announced the first funding agreement from the Government's $1 billion Infrastructure Acceleration Fund (IAF), launched in June of this year. The Government's $6.1 million IAF investment for a housing development in Porirua will enable 880 homes to be built—nearly twice the original plan for the 443 homes—and contribute to a crucial transport upgrade and key three waters infrastructure. The housing crisis we inherited is decades in the making. That will take time to turn around, but we are starting to make inroads. This fund will make a real difference by helping overcome a key barrier to building new homes: access to basic infrastructure. Today's announcement is yet another step our Government is taking to fix the national housing crisis.