The Carrboro Board of Aldermen voted Tuesday to extend the permit for the Veridia Solar Community, a proposed sustainable housing development that would replace existing mobile homes on Fayetteville Road.
The permit was set to expire April 26 of this year but will now expire on April 26, 2016.
The permit has been previously extended at least twice.
The Board of Aldermen originally approved the development in 2011, but construction on the complex never got off the ground.
According to the board’s resolution, it extended the conditional use permit because David Bell, a partner for the development, has proceeded with due diligence and is acting in good faith and that conditions of the development have not changed enough to warrant a new application.
Bell said after the 2011 approval it was necessary for him to buy out his partner George Overholt, and that the ongoing delay in construction is due to his search for a new financial and developmental partner.
“We’re not under the time constraint to pull the trigger very quickly because of the work I’ve done,” Bell said.