Garff commissioners have applied to spend £850,000 buying a plot of land to use as sheltered housing.
The local authority has applied for permission from the Department of Infrastructure to borrow the cash, which would be repayable over 37 years.
It says it wants to buy the former Princes Motors site on New Road in Laxey.
Commissioners want to build a new sheltered housing complex with offices there.
Nursing organisation to contact staff over pay offer
The Royal College of Nursing says it'll consult staff members about Manx Care's latest pay offer next week.
More Marvel films for Joe Locke?
Could Manx actor Joe Locke be returning to the Marvel universe?
Coast road restrictions for weekend charity walk
The Kirk Michael Coast Road will have speed limits and a one-way restriction to allow for a walking event this weekend.
UK refuses to forward assisted dying bill for Royal Assent
The UK says it won't recommend the Island's new assisted dying laws for Royal Assent.
External investigation opened into Peel Commissioners staff member
The chair of Peel Commissioners has confirmed a member of staff is being investigated.
Bus strike's end is bittersweet for some, says union leader
A union leader says the end of the bus strike is a bittersweet moment for some.
MHK says to contact him over car tax issues
Onchan MHK Rob Callister is urging constituents to contact him if they're having problems taxing their car after recent changes.
Hospital bed capacity to be discussed in Tynwald
Tynwald is due to hear about hospital bed capacity and waiting times at Accident & Emergency next week.
