Ministers say the £150 a month increase recognises hosts 'kindness' and the cost of living crisis.
Councils will receive a share of £2m from the government to help more Ukrainians move into longer term accommodation.
"People from all over Wales have stepped up, showed true compassion and been there for families forced to flee their homes," Ms Hutt said "Now, as Putin's war regrettably continues, we must ensure our guests are able to settle into longer term accommodation, which means we will progress with the phased move on of guests from our initial accommodation."
"We are working with local authorities, social landlords and partners to increase capacity of high-quality accommodation options, including providing more host accommodation," Ms Hutt added. The minister also announced a six month scheme allowing Ukrainian refugees with visas to travel free on public transport was now being extended into the 2023-24 financial year.
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