Albyn Housing Society has taken handover of the new homes from Compass Building and Construction Services.
Consisting of 77 homes in total, the development is now in its fifth phase of development.
The new delivery comprises 18 homes for social rent as well as 10 homes available via Highland Residential's mid-market renting scheme.
Housing Minister Kevin Stewart said: "It's great to see another high quality development completed by Albyn Housing Society, contributing to the Scottish Government's target of an additional 50,000 affordable homes by 2021.
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"We contributed £2 million of grant funding towards building this latest phase in Conon Bridge and I am pleased to see both affordable homes for rent and mid-market rent opportunities provided which will diversify the tenure options for the community."
Calum Macaulay, Albyn Housing Society's Chief Executive, added: "Our main commitment as a housing society has always been to bring high quality homes to those who need them most, and Conon Bridge is just one community in which we have delivered significant investment in new affordable accommodation in recent years.
"To date, this top quality development has provided 77 new homes for affordable and mid-market rent, contributing not only towards addressing local housing demand, but also the continued sustainability of the region and its distinct communities as a whole."
(CM/MH)
