The opposition and the Greens have welcomed an audit of Australia's $10 billion housing fund, but a peak body warned any review should not delay the building of homes.

The Australian National Audit Office confirmed a review of the Housing Australia Future Fund (HAFF) is under way and will assess the fund's design and delivery.

The ANAO committed to the review in July, when it published its annual audit work program for 2025-26.

Opposition housing spokesperson Andrew Bragg , who has been calling for a performance audit of the fund, welcomed the ANAO's work.

The HAFF, a 2022 Labor election commitment, is a public investment fund that outlays $500 million each year to help deliver 55,000 new social and affordable homes.

The Liberal party has criticised the fund's effectiveness, with S

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