Highland Council members will be requested to green light a £6.308m repayment to the Landbank Fund, which aims to find solutions to the Highland Housing Challenge, at their upcoming meeting on October 31.
The repayment is utilised from council tax on second homes, with the money used towards investment in further housing supply in the area.
"The additional £6.308m will boost our capacity to bring housing back into communities and help to address the housing challenge," said Chair of the Council's Economy and Infrastructure Committee, Cllr Ken Gowans.
Scottish Government granted flexibility to the Housing Council to utilise income from council tax on second homes in 2022/23 and 2023/24 to support the revenue budget, rather than for affordable housing purposes, given the financial challenges being faced by the Council at that time.
However, that flexibility was conditional on repayment of income into the Landbank Fund within three years of the flexibility being exercised.
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CONSTRUCTION DIRECTORY
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