The Carrboro Town Council established as a policy goal that at least 15% of the housing units within all new residential developments should consist of affordable housing units. (New residential developments with fewer than 5 homes or units are not included in the Town’s affordable housing goal.)
To encourage the development of affordable housing, the Town established incentives for developers to create affordable housing. If a project includes certain levels of affordability, it may be eligible for any or all of the incentives listed in the table below. More information about these Incentives can be found in the Town’s Land Use Ordinance and in our Affordable Housing Fee Waiver Policy.