Budget 2026 Boosts Social Housing with $69.2M for 2,250 New Homes in NZ

Budget 2026 allocates an additional $69.2 million to the Flexible Fund to deliver 1800-2250 new social homes from 2028/29, building on previous investments that have already reduced the social housing waitlist. The Flexible Fund replaces fragmented housing funding with a targeted, needs-based approach that supports diverse providers and local solutions tailored to varying regional demands. This funding ensures a four-year pipeline of social housing projects, providing community housing providers with long-term certainty to plan and build more warm, dry, and secure homes for New Zealanders in need.