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'.
More top news
Callum Williams of Wrexham pleaded guilty to causing grievous bodily harm to the woman police officer, assault and damaging property.
RSPCA says at first they thought the caller had confused the animal with a badger.
Welcome to the Newsweek Quiz - where we'll be testing your knowledge from the last seven days of news in Wales.