Ms Camille Loftus:

We have had two limited calls under cost rental equity loan, CREL, which placed a very high premium on fast delivery. There is always a trade-off in these things: fast delivery or lower cost. You rarely get both of them in the same place, so there is a trade-off in terms of that. We would like to develop a long-run pipeline around cost rental. I know the Department is working on a rolling call, rather than the sort of much more limited mechanism we have had so far. We think that is absolutely crucial to releasing that supply.