Abstract: This study appraised the problems hindering effective housing budgeting practice in Akwa-Ibom State, Nigeria. In order to achieve this, the challenges facing housing budget preparation, performance and other salient budget issues were analyzed, with a view to proffering workable solutions for an improved housing budget process and ultimately, housing delivery in Akwa-Ibom State. The study was conducted for a period of 10 months and during that period; the factors affecting the budget process were carefully gathered from relevant literature, interviews and personal observations.