Housing allocation rises by $242M; few details on projects for new fiscal year

The hous­ing al­lo­ca­tion for the 2026-2027 bud­get in­creased to $904 mil­lion ($0.904 bil­lion), how­ev­er few de­tails are avail­able on what new pro­grames, in­cen­tives, or ini­tia­tives are un­der­way with­in the sec­tor.

Hous­ing re­ceived the low­est al­lo­ca­tion of all sec­tors out­lined in the bud­get for a sec­ond con­sec­u­tive year.

The sec­tor, how­ev­er re­ceived a no­tice­able in­crease from it's al­lo­ca­tion of $662 mil­lion ($0.662 bil­lion) from fis­cal 2026, when sev­er­al plans were high­light­ed, in­clud­ing he cre­ation of 20,000 af­ford­able homes and firs-time home­own­er grants.