This headline seems misleading. First, these are one-time costs, but most reporting on programs like these are annual costs. Second, this conflates a lot of numbers. Most are one bedroom (which could house a small family, as sleeping on a couch is more comfortable than a car), but the most expensive is $837,000. There's nothing even stated that the most expensive one-bedroom is $837,000). In fact, 86% are under $700,000 to build. In fact, they plan to hit 10,000 units in the next 5 years, with it seems about half of those coming from the first $1.2 billion allocation.