More than 200 new houses will be built by the Lochalsh and Skye Housing Association by 2023.
Forty four of the properties are already under construction or being purchased and a further seventy houses and flats will start on site during 2018. The anticipated cost of the development programme is in the region of £25 million.
Announcing the new programme, the Association's Chief Executive, Lachie MacDonald, said: "This is a massive and unprecedented investment in Skye and Lochalsh and, in addition to being excellent news for jobs in the construction industry, it demonstrates our commitment to meeting the housing needs of individuals and families in the area as quickly as possible. We believe that the best approach to dealing with housing need pressures is to increase the supply of housing and our development programme will certainly achieve that aim.
"We very much welcome the tremendous support and backing we are receiving from The Scottish Government, Highland Council and our lenders which we believe will allow us to achieve our ambition of eliminating homelessness in Skye and Lochalsh.
"We will be providing new affordable rented homes for those in priority need including those affected by overcrowding, damp, temporary and poorly repaired properties."
The Association's Business Plan also includes a commitment to partnership working with NHS Highland and other organisations working in the care sector to meet their specific housing needs. In addition, the Association's highly successful Handyperson, Care and Repair and Energy Advice Services will continue to be fully supported by the Association.