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Buyout funding wait for islanders Buyout backers secure £2m handout
(about 2 hours later)
The islanders of South Uist expect to find out soon if they have secured the final piece of funding they need for a community buyout. The islanders of South Uist will receive a £2m handout to help fund their community buyout scheme.
Highlands and Islands Enterprise (HIE) is deciding whether to go ahead with a £2m contribution. Highlands and Islands Enterprise (HIE) has announced its decision to financially back the plan.
The islanders have been trying to raise £4.5m to buy the 93,000-acre South Uist Estates. The islanders still need £500,000 which they are hoping will come from Western Isles Council and Scottish Natural Heritage.
It would be Scotland's largest land community purchase and includes Eriskay and Benbecula. The buyout group has been trying to raise £4.5m to purchase the 93,000-acre South Uist Estates.
The community has already received £2m from the Big Lottery Fund. If it goes ahead, it would be Scotland's largest land community purchase and includes Eriskay and Benbecula.
HIE's £2m pledge, plus £2m from the Big Lottery Fund leaves £500,000 to find.
The buyout has been launched by Sealladh na Beinne Moire (The Vision for the Islands).The buyout has been launched by Sealladh na Beinne Moire (The Vision for the Islands).
The group is made up of 3,500 estate residents.The group is made up of 3,500 estate residents.