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Promises Made in Carrboro

December 08th, 2008

Following on the report of the plans to supplant 42 singlewide homes in order to build Veridia, an upscale co-housing development, are indications that the developer has made promises to the Carrboro, North Carolina Board of Aldermen that he will compensate some of the park’s residents.

The owner says that he feels the families who have lived there for a sustained time could be compensated.  He says that about 7 of the families are long-term residents, and that he would help them financially.  The others are newcomers living in transitionary housing.

The owner and would-be developer hopes to get Carrboro to cancel the requirment that at least six of the homes be priced at “affordable” rates.  In this case, they would be priced at around $120,000.

The owner has owned the park for several years.

No promises have been made to the short-term residents.


Filed under: affordable housing,North Carolina,Transforming Land-Lease Parks in NC | No Tag
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December 08th, 2008 10:21:49
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