National housing campaign Everybody’s Home is urging the federal government to make 2026 the year it significantly stumps up funding to plug the social housing shortfall, as an affordable housing scheme comes to an end.
The National Rental Affordability Scheme (NRAS), designed to provide affordable rentals to people earning low and middle incomes, has been winding down since 2018 and is set to end in June 2026.
The latest federal figures reveal more than 4,500 affordable homes will exit NRAS this year – the final lot of the more than 36,000 affordable homes that have phased out of the scheme over the past decade.
The NRAS rentals will take years to be replaced by the 40,000 social and affordable homes set to be built under the federal government’s Housing Australia Future Fund (HAFF).
According to Housing Australia, as of November 2025, 889 homes under the HAFF had been completed, with a further 9,501 described as under construction.