Carrboro’s Board of Aldermen were split on a proposed development Tuesday as they debated housing affordability.
The Veridia Community housing project on Old Fayetteville Road presented an affordable housing proposal in December 2008 with a projected cost of $289,000 per home.
The development will feature 39 single-family homes that are all Green Building Initiative and Energy Star certified.
But at the meeting, Veridia partners George “Trip” Overholt and Dave Bell said the updated projected cost of each housing unit is upward of $300,000.
Overholt said the increase is due to added standard features like solar hot water systems, car ports and sprinkler systems.
“We aren’t making any additional money on the difference,” he said. “Those costs are embedded in the features.”
An original supporter of the project, Alderman Jacquie Gist said she changed her mind.
“Three hundred thousand and up is not affordable housing,” Gist said.
Alderman Lydia Lavelle echoed Gist’s sentiment.