Developers are pushing for what they are calling a ‘pocket’ neighborhood of affordable housing in Venice.
Realtor Brittany Coleman told ABC-7 that currently, there are only around a dozen homes in the city for sale for less than $175,000. Most of those are in flood zones, which would likely make insurance all but out of reach financially for those looking to buy.
Developers are proposing a 10-home community, with each so-called ‘cottage’ having just one bedroom and one bathroom and sitting 600 square feet in size. The price of the tiny homes would start at $150,000 and go up to $175,000.
The City Council is expected to vote on the project sometime this summer.