Budget 2025 flexible fund information document released

Corner of a house under construction with hills in the background

Published 05 Feb 26

We’ve released an information document to provide key information before applications for funding for the new flexible fund open on 27 February 2026.

About budget 2025 flexible fund

In 2025, the Government established a new housing investment system, enabled by the Budget 2025 Flexible Fund and guided by a single investment objective to enable people in high housing need to have access to stable and secure housing.

The Housing Investment Plan, released in November 2025, outlines how the Government will allocate the funding and key details, including the funding objectives, purchasing intentions, investment locations and preferred delivery modes for each investment location.

The application process for new social homes and affordable rental homes under Budget 2025 will open on 27 February 2026.

About the document

We’ve released an information document to provide key information before applications opening. The document explains the funding available, the application process, key dates and how proposals will be evaluated.

It also recaps the flexible fund objectives, purchasing intentions, delivery approach and housing solutions.

The fund will support the delivery of 675 to 770 social housing and affordable rentals from 2027.