For the second successive year and amid an unprecedented homelessness crisis, there has been no specific mention of homelessness in Budget 2027.
NOVAS is deeply concerned by the lack of clarity in today’s Budget announcement on how the Government intends to tackle the ever increasing homelessness crisis, particularly in terms of resourcing homeless services and investing in effective prevention measures.
While we welcome the capital investment of €3 billion in social housing, we are calling on the Government to return to properly funding the Tenant in Situ Scheme, which is an important measure in preventing families and individuals from entering homelessness.
Homelessness figures have never been higher and we need to see significantly greater investment in measures that prevent homelessness before it occurs. Publication of the Homeless Prevention Framework, the Child and Family Homelessness Action Plan and the HAP Review is urgent. The budget refers to the the Child and Family Homelessness Action Plan but there is no indication of how it will be resourced.
There are some positive elements within Budget 2027. NOVAS welcomes the commitment to deliver 11,250 new-build social homes in 2027. We also welcome the allocation of €2.2 billion for the Housing Assistance Payment (HAP) and other rent supports, as well as the introduction of a new 7% Derelict Property Tax.
The commitment to deliver 11,250 social homes in 2027 is broadly consistent with existing Government targets. However, the Government has failed to meet its social housing construction targets in every year since 2018. Today’s announcement provides limited detail on how the 2027 target will be achieved, raising concerns about whether the promised number of homes will ultimately be delivered.
At a time when homelessness is at record levels, Budget 2027 required a clear and adequately resourced response to the crisis. Investment in social housing is essential, but it must be matched by investment in homelessness services, prevention, housing supports and measures that keep people in their homes in the first place.




