The decision is in response to the high level of housing need and the impact of ‘Right to Buy’ sales.
A consultation exercise with tenants and other interested parties took place earlier this year.
They were asked them whether or not the right to buy should remain suspended on some tenancies.
Of those responding, 67.2 per cent said they agreed with Pressured Area Status (PAS) designation; 22 per cent said they disagreed with the process, while the remainder had neutral views.
Pressured Area designation suspends the ‘Right to Buy’ of modernised tenancies and those who have succeeded to their tenancy.
Councillor Sam Love said: “While the qualifying criteria remain the same, the power to designate PAS now rests with councils instead of the Scottish Government. By renewing this status, it’s estimated that around 1191 tenancies in Cumbernauld and Moodiesburn would have their ‘Right to Buy’ suspended until the abolition of the Right to Buy (autumn 2017). It is also estimated that 10 council house ‘Right to Buy sales’ would be prevented over this period. We’re responding to the demand for low cost, affordable housing in both areas, not only by applying this status, but by building new homes. We’re working with other Registered social landlords and expect 284 new homes to be completed in the areas in 2013/14 and 2014/15.