More than 2,900 residential lots and 1,800 houses are expected to be made available as Government moves to address housing challenges facing low and middle-income earners.
While delivering the 2026/2027 National Budget, Minister for Finance Esrom Immanuel said that access to housing remains a challenge, especially in Fiji’s major urban centres.
Immanuel says the Housing Authority is working towards providing more than 2,900 residential lots and around 1,800 complete houses for sale in Nepani, Wanibuku, Davuilevu, Tavakubu, Tavua, Wairabetia, Tacirua, Waqadra, Waila and Veikoba.
Immanuel says Government is also working together with PRB to invest in more low-cost housing projects.
He says that apart from Housing Authority and PRB, Government is also collaborating with other key partners like Habitat for Humanity, HART, Koroipita and other private sector partners to deliver affordable housing solutions.
He says Government is encouraging institutional investors like FNPF and Fijian Holdings to help increase the availability of affordable residential lots and housing in Fiji, while other private sector investors are also encouraged to come on board.
The Finance Minister says the tax incentive available for development of subdivisions has been extended and provides developer profit exemptions and customs duty concessions for land developers undertaking investment in residential subdivisions.
He says the low-interest rate environment remains conducive for housing finance, with home loans provided at just below 4 percent from commercial banks.
He says Government has also allowed the Fiji Development Bank to introduce housing loans on a small scale.
Immanuel says a sum of $3 million has also been allocated to support first home buyers in the 2026-2027 Budget, with Government approving a revised structure for the First Home Ownership Assistance Programme to enhance housing affordability for low and middle-income households.
He says under Category 1, households earning $30,000 or less, including those displaced from informal settlements such as Veidogo, Nabua Muslim League and Kilikali, will be eligible for grants of up to $40,000 for home construction and $30,000 for home purchase.
He says Category 2 has been revised to target households earning above $30,000 to $60,000, and under this category, the home purchase grant has been increased from $5,000 to $15,000, while the home construction grant remains at $20,000.
The Finance Minister says households earning above $60,000 will no longer be eligible for assistance, ensuring that Government resources are more effectively targeted towards those with the greatest housing needs.
He says in addition, a total of $10 million is provided for the formalisation of nine informal settlements in Tore, Field 4, Valewaquyaya, Sakoca, Vuniika, Nabare, Delaisaweni, Lovu seaside and Caubati.
He says around $1.3 million has also been allocated for the Relocation and Resettlement of Informal Settlements and $500,000 is allocated to Habitat for Humanity.
He adds that these projects will assist the Ministry of Housing to undertake civil works for the relocation and resettlement of 1,200 households from Veidogo, Nabua Muslim League and Kilikali to Koronivia and Mokosoi Greenfields.
https://www.fijivillage.com/indepth/2026-2027-national-budget-aca663/
https://www.fijivillage.com/indepth/2026-2027-national-budget-aca663/
