Public Policy
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Budget 2026/27's spending allocations for Housing
11th Jun 26, 10:22am
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This table outlines the New Zealand Government's planned Housing spending for the 2026/27 budget year.
Actual spending for the previous five years is on the left.
The numbers are drawn from Vote Housing and Urban Development.
Links to the primary source used, from Treasury's website, can be found at the bottom of the page. Please note that some of the allocation titles have been shortened for the sake of space. Figures for each allocation are in millions of NZ$.
| Actual 2021/22 | Actual 2022/23 | Actual 2023/24 | Actual 2024/25 | Estimate 2025/26 | Budget 2026/27 | % | |
| NZ$m | NZ$m | NZ$m | NZ$m | NZ$m | NZ$m | ||
| 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | Authority for the Residential Property Management Regime | 0.0 | 0.0% |
| 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | Social Housing Provider Development | 0.0 | 0.0% |
| 13.0 | 0.0 | 0.0 | 0.0 | 0.0 | Sale of Land and Dwellings - Costs | 0.0 | 0.0% |
| 156.1 | 0.0 | 0.0 | 0.0 | 0.0 | KiwiBuild | 0.0 | 0.0% |
| 39.2 | 62.0 | 68.0 | 11.2 | 0.0 | First Home Grants | 0.0 | 0.0% |
| 23.3 | 23.2 | 30.4 | 29.4 | 0.0 | Community Group Housing | 0.0 | 0.0% |
| 0.8 | 3.4 | 1.3 | 0.0 | 2.6 | Capital Expenditure | 0.0 | 0.0% |
| 0.0 | 0.0 | 30.3 | 5.1 | 3.9 | Land purchase within the Housing Agency Account | 0.0 | 0.0% |
| 28.4 | 29.2 | 26.5 | 25.3 | 6.1 | Contracted emergency housing accommodation and services | 0.0 | 0.0% |
| 74.5 | 78.2 | 75.2 | 64.9 | 66.3 | Porfolio Management | 0.0 | 0.0% |
| 0.0 | 0.0 | 0.0 | 0.0 | 83.1 | Transfer of infrastructure assets to Councils and other Stakeholders | 0.0 | 0.0% |
| 1.9 | 2.3 | 4.6 | 5.6 | 4.8 | Local Innovations and Partnerships | 0.3 | 0.0% |
| 0.2 | 0.2 | 0.3 | 0.1 | 0.8 | Housing Assistance | 0.8 | 0.0% |
| 0.0 | 0.0 | 10.5 | 40.8 | 59.0 | Affordable Housing Fund | 1.0 | 0.0% |
| 0.0 | 0.0 | 0.0 | 0.0 | 1.9 | Infrastructure Acceleration Fund - Administration Funding 2025-2028 | 1.9 | 0.0% |
| 0.1 | 0.4 | 0.7 | 1.3 | 5.5 | Support Services to increase home ownership | 2.0 | 0.0% |
| 34.8 | 38.8 | 71.2 | 57.9 | 21.1 | Infrastructure Investment to Progress Urban Development | 7.8 | 0.1% |
| 34.0 | 120.5 | 31.3 | 35.5 | 376.2 | Land for Housing Programme | 12.9 | 0.1% |
| 44.1 | 93.8 | 64.7 | 29.1 | 33.6 | Housing Infrastructure Fund Loans | 18.0 | 0.2% |
| 18.1 | 70.7 | 157.9 | 52.0 | 108.4 | Progressive Home Ownership Fund | 32.9 | 0.3% |
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | Residential Development Underwrite | 33.0 | 0.3% |
| 44.2 | 9.0 | 51.4 | 31.9 | 58.5 | He Kūkū ki te Kāinga – Increasing Māori Housing Supply | 47.4 | 0.5% |
| 0.0 | 11.1 | 4.7 | 27.6 | 80.4 | Amortisation of Upfront Payments | 64.2 | 0.6% |
| 0.0 | 0.1 | 24.2 | 57.2 | 52.5 | Buying off the Plans Programme | 108.5 | 1.0% |
| 0.0 | 87.8 | 196.8 | 138.3 | 322.7 | Upfront Payments | 180.4 | 1.7% |
| 0.0 | 146.7 | 180.8 | 28.3 | 209.7 | Housing Programme Fair Value Impairment Loss and Inventory Disposal | 186.3 | 1.8% |
| 0.0 | 0.0 | 62.0 | 98.0 | 300.0 | Tāmaki Regeneration Company Limited - Equity Injection | 213.0 | 2.0% |
| 324.2 | 319.7 | 361.0 | 354.2 | 355.0 | Transitional Housing | 362.2 | 3.5% |
| 21.6 | 240.6 | 486.7 | 424.0 | 394.1 | Housing Acceleration Fund | 393.5 | 3.8% |
| 1,405.5 | 1,467.5 | 1,670.3 | 1,950.9 | 2,186.7 | Social Housing | 2,275.4 | 21.8% |
| 152.7 | 2,702.6 | 4,174.8 | 3,429.3 | 773.2 | Kāinga Ora | 6,484.8 | 62.2% |
| 2,417 | 5,508 | 7,786 | 6,898 | 5,506 | Total Spending | 10,426 | 100% |
| Less: Recoveries | |||||||
| 1.8 | 0.0 | 0.0 | 0.0 | 0.0 | Profit share arising from development agreements | 0.0 | 0.0% |
| 18.9 | 0.0 | 0.0 | 0.0 | 0.0 | Acquisition and development of properties under Housing Act 1955 | 0.0 | 0.0% |
| 0.1 | 0.3 | 0.0 | 0.0 | 0.0 | Penalties | 0.0 | 0.0% |
| 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | Return of equity by Crown entities | 0.0 | 0.0% |
| 0.0 | 15.0 | 0.0 | 0.0 | 0.0 | Other Revenue - Crown Entities | 0.0 | 0.0% |
| 1.6 | 0.0 | 3.2 | 0.0 | 0.0 | Interest Unwind | 0.0 | 0.0% |
| 18.9 | 25.9 | 26.7 | 0.0 | 0.0 | KiwiBuild Housing Sales | 0.0 | 0.0% |
| 0.0 | 0.0 | 3.3 | 21.2 | 24.6 | Sale of Developments Underwritten | 0.0 | 0.0% |
| 2.5 | 3.3 | 2.8 | 3.8 | 0.0 | Rent | 0.2 | 0.0% |
| 0.0 | 0.0 | 0.0 | 15.9 | 49.3 | Land for Housing Revenue | 22.3 | 0.2% |
| 43.7 | 45.6 | 35.9 | 40.9 | 73.9 | Total Housing | 22.5 | 0.2% |
| 2,373 | 5,462 | 7,750 | 6,857 | 5,432 | Net Housing | 10,404 | 100% |
You can get back to the main page that summarises all government spending here >>
Sources: You can download the data behind these tables from the NZ Government website here.
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