The Namibian government's annual budget for housing is expected to rise between 2023 and 2028, from N$750 million to N$6.5 billion.
 
This is contained in the National Housing Policy and the Implementation Action Plan that was launched by the Minister of Urban and Rural Development, Erastus Uutoni, in Windhoek.

The policy emphasises the attainment of adequate housing for the largest number of inhabitants, prioritising ultra-low and low-income groups, which make up 88% of households nationally.

Central, regional, and local governments also need to subsidise access to secure tenure and basic services.

The policy revision is the result of a broad consultative process.

Therefore, combined public investment in land servicing and housing must be increased in line with the policy.

While launching the revised National Housing Policy, Uutoni called on all stakeholders to actively work on implementing it to tackle the housing crisis in the country, emphasising affordability.

The policy goal is to enable broad access to housing opportunities and, therefore, improve living and socio-economic conditions in urban and rural areas.

This is to be achieved through the nationwide upgrading of informal settlements and proactive incremental land servicing.