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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The area came fourth behind Peru, New Zealand and Portugal.
A charity match is to be held later tonight to raise funds for a former Cardiff Devils player with a terminal neurological condition.
Staying rather cloudy for much of the day in the south, perhaps with a little rain at first.