So if he really did say:
he expected this to be reduced soon and they are due to make an announcement soon regarding this.
to you and 'they' do not say it soon YOU will know not join up with this organisation. There is your measuring stick - use it. But don't jump the gun, give them until End of January.
Well done for asking questions, that's one of the ways we learn. Others, in fact most, will learn the much harder more expensive way.