It says a start date to the works will be announce in due course
Castletown Commissioners has confirmed that phase two of its School Hill housing redevelopment scheme will be going ahead.
The local authority says it has appointed a contractor and will be working 'closely' with the government to finalise the decision.
Chair Tony Brown says he hopes the update provides 'reassurance' to residents and the board remains 'fully committed' to delivering modern and affordable housing in the town.
The commissioners also say discussions were started early, but a further update and anticipated start date will be issued once final approvals have been received from the government.
Mr Brown added: "I would like to thank the members of the design team for delivering a clear and informative briefing, which enabled the board to make a prompt yet well-informed decision, which the commissioners hope will result in the next phase of the redevelopment of this important housing estate progressing at an early date.
Ard-Shirveishagh hopes he's given members enough time to consider 'Charter for Change'
Live video streaming 'significant step' in making parliament more accessible
Treasury: 'Challenging to justify support for heating oil customers'
Increase of more than 500 patients for mental health services over last 12 months