South Kingstown Town Council is moving forward with plans to potentially acquire a quarter-acre lot for $100,000, which could pave the way for new housing developments in the community. During the October 28, 2024, meeting, council members discussed the implications of this property acquisition, emphasizing the need for further investigation into its suitability for residential use.

The council is considering sending a letter of intent to the state, expressing interest in the property. This step is crucial as it must be completed by October 30. The property is currently zoned for residential use, but questions remain about the maximum number of housing units that could be developed on the site. Some council members expressed concerns about the financial commitment and potential hidden issues with the land, such as septic and water system requirements.

Despite these concerns, there is optimism about the possibility of partnering with organizations like Habitat for Humanity to develop affordable housing on the site. Council members noted that a duplex could be built, potentially providing two housing units, which aligns with the town's goals for increasing affordable housing options.

In addition to the property discussion, the council received an update on new community electric rates, which are set to take effect for the November meter read. This change is part of an aggregation program aimed at providing residents with more competitive electricity pricing.

As the council prepares to draft the letter of intent, they will also explore negotiating the purchase price and assessing the land's viability for development. The outcome of these discussions could significantly impact South Kingstown's housing landscape in the near future.