The Daily Record has claimed that finance secretary Shona Robison is poised to announce the decision in today’s Budget.

Unveiled by Ms Robison under the stewardship of former First Minister Humza Yousaf in last year’s Budget, the plan to cut the housing funding by around 26% was met with warnings of “devastating” consequences for social housing supply and homelessness support.

According to the Record, the funding is set to be restored with the government potentially going over and above the previous cut.

The Scottish Federation of Housing Associations (SFHA) is among the organisations that campaigned for the reversal.

In the aftermath of the UK Budget at the end of October, Sally Thomas, SFHA chief executive, said: “The Scottish Government has repeatedly said that affordable housing would be its number one priority in the event of an increase to its capital budget, it must now keep that promise and build a better future for the thousands of people across Scotland in need of a safe, affordable home.

“With homelessness at record levels, and the number of housing association homes built last year at its lowest since 1988, it’s clear that recent cuts have had devastating consequences for many of Scotland’s citizens. However, by investing additional capital funding in affordable housing, we can take the first significant step to ending our national housing emergency.”