The money has been used to help purchase the former Linsmohr Hotel in the village, which will now be transformed into a community cafe, with space for toddler and youth clubs, as well as health and wellbeing facilities.
Plans also include space for community groups to hold activities and store equipment, office accommodation for trust staff and self-catering facilities for visitors to the area. A charging point for electric vehicles will also be installed.
Brian McDougall, chairman of Udny Community Trust said: “We are absolutely delighted to have been awarded this grant. There has been a real need in the village for a multi-generational community centre and this will also create employment and volunteering opportunities.”
The Cabinet Secretary for Land Reform, Roseanna Cunningham said: “The Scottish Land Fund continues to support a wide range of projects and the most recent awards - from woodlands to shops and community centres to housing - demonstrate the quality and variety of community projects right across Scotland.
“The Scottish Government will continue to encourage communities, both urban and rural, to realise their ambitions and take control of their own futures and I look forward to community ownership continuing to grow and prosper in the years to come.”
John Watt, the Scottish Land Fund Committee Chair said: “From supporting community centres in towns and villages to giving funding to projects that turn woodland into places of recreation and employment, the Scottish Land Fund is strengthening both rural and urban communities right across the country.”
Sandra Holmes, Head of Community Assets at HIE, said: “Udny, along with all other successful projects, is an example of people taking control of local resources for the benefit of their communities.”