The two groups met for the second time this week in an effort to reach an agreement before Oct. 3, when the Chapel Hill Town Council votes on the plan, an eight-year strategy for managing campus growth.
About 15 people attended today's meeting, including Chapel Hill Planning Department Director Roger Waldon.
The Development Plan is part of the University's Master Plan, which will guide UNC's growth for the next 50 years.
Jonathan Howes, special assistant to the chancellor for University relations, attended the meeting but said he would not discuss the details of Wednesday's negotiations.
"We discussed some language to be included in a resolution to be considered by the council," Howes said.
He said the University is listening to residents' concerns and hopes to adjust the plan in a way that the community will accept.
"I think there was some agreement, and there are some parts of it that require more work," Howes said.
"Overall, I think we're making some progress."
Kathy Wilber of 1400 Mason Farm Road attended the meeting and said community members discussed a proposed student family housing complex and a possible subsequent increase in traffic on Manning Drive.