Tuesday, June 15, 2021 / by Juan Grimaldo
Micro 'estates' under construction to bring home affordability to Tempe
In an effort to provide affordable housing units, Tempe-based Newtown Community Development Corp. teamed up with Phoenix-based 180 Degrees Design + Build to develop a community of micro homes in Tempe.
These 600-square-foot homes were designed to afford first-time homebuyers the dream of home ownership. Those low-wage earners who qualify for subsidies could pay as little as $170,000 to own a home.
The homes are offered at a time when Phoenix home price growth continues to top the nation.
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By Angela Gonzales, Senior Reporter - Phoenix Business Journal