The developer has built three one-bedroom flats on a gap site in Innerleithen High Street, as well as six two-bedroom properties on an adjacent site at 10/14 Waverley Road.
An agreement was reached between the company and the council at the end of 2014 to acquire the three High Street flats when completed. The Scottish Government contributed £120,000 from its Affordable Housing Supply Programme funding towards the purchase of the properties.
Keith Burns, Director of Waverley Tweed, said: "We are delighted to have completed construction of this development for Scottish Borders Council. The High Street phase removed a gap site which has been a blight on the High Street for many years.
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"The Waverley Road phase, as part of the Council's initiative with the National Housing Trust, provides much needed high quality affordable housing. The project is testament to the Council's commitment to delivering affordable housing and reflects the hard work of all those involved."
Cllr Frances Renton added: "I am delighted that the Council, with the assistance of the Scottish Government, was able to secure these homes and I wish the new tenants all the best for their future in their new home."
Housing Minister Kevin Stewart said: "This gap site has been an eyesore in the town for many years, but I am delighted that the Scottish Government has been able to work with Scottish Borders Council and its partners to help deliver this solution.
"The gap site has been replaced with much needed, energy efficient, affordable homes for rent and provides a small but significant contribution to our target to deliver 50,000 affordable homes over the lifetime of this parliament."
(LM/MH)
