Work will start this year on constructing 1000 homes which will be built in Wales over the next two years.
And over the next 30 years the Welsh Government will be putting £130m towards building "quality and affordable housing.
Carl Sargeant, Minister for Housing and Regeneration says, "Building new homes is important not only in meeting the growing housing need of communities but also as a way of providing work to help people out of poverty and to counter the highly damaging effects of the UK Government's 'bedroom tax'.
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It'll be an unsettled afternoon across Wales, with blustery winds and heavy rain. Gales expected in many areas.
A bronze war memorial which was moved from a fire damaged chapel in Aberystwyth seven years ago is now being returned to its original place.
The compulsory 'scores on the doors' system is helping to drive up standards across Wales, according to the Deputy Health Minister.