A decision is expected this week on whether a multi-million pound loan request for a new facility in Braddan has been approved.
Commissioners in the parish want to borrow £6.5m to build a leisure complex on Strang Corner Fields.
A petition was submitted to the Department of Infrastructure last month and will go before Treasury on Wednesday.
The money would be paid back over a 30-year period should the loan get rubber stamped.
Plans for the multi-purpose building include using it as a sports hall, child nursery, and commissioners offices.
Vice chair of the local authority, Christina Corkill, said: "Government is looking for big projects that will help the economy and produce jobs; and this community centre will do exactly that.
"This project has been ongoing in a planning stage for a long time simply because we’ve been going over the figures again and again and again.
"We wanted to be absolutely sure we weren’t going to end up with a white elephant, we were going to end up with something that people really wanted and that would benefit the community immediately."
Government: "UK never told us about child murderer"
Farm shop's newest worker needs your name suggestions
Bus Vannin gives update on staffing problems and routes affected today
Toilets vandalised for fourth time in a month
Poppy gets fur-ever home after sparking rescue operation in Douglas
Council gets eight complaints about James Brown in six months
More bus staffing problems this weekend
Manx community spirit shines through during Island storms