The government is ramping up housing development nationwide, with plans to build 40,000 homes, clear a major backlog of applicants, and expand support for homeowners. 

The five-year housing agenda will be implemented, beginning with a budgetary allocation of $159.1 billion this year.

Minister of Housing Collin Croal says Budget 2026 reinforces the government’s commitment to home ownership, with significant investments in land development, infrastructure, and large-scale house construction.

“We are committing to be able to build 40,000 houses in this period. And again, let’s put into context what we, this is, we have never done even 10,000 in one period, and we’re going to be doing 40,000,” he said during a recent interview.

The minister says the first phase will see 8,000 homes built in 2026, using faster construction methods to meet the growing demand, especially from working families and young professionals.

Alongside new construction, the ministry is also moving to clear the backlog of housing applications.

There are currently 75,000 pending applicants, with more than 50,000 in Region Four alone.

“We intend to clear the backlog for house lots, and we will have a little lag for region four. Nevertheless, as early on the two weeks, we’ll be announcing for the portal that you, if you are 2021 and prior applicant and you have not received your allocation, then you can also check in with us,” the minister further stated

Budget 2026 also expands assistance for homeowners, with $7.5 billion set aside for steel and cement support and new programmes to help families complete unfinished homes.

Minister Croal says the expanded housing programme is aimed at reducing rental pressure, improving living standards, and building stronger communities across Guyana.