Phoenix Market Report

Former Phoenix Mayor Johnson developing market for moderately priced homes

Grayson Steinberg
The Arizona Republic
Apr. 18, 2007 08:07 AM

Former Phoenix Mayor Paul Johnson hopes to bring affordable living to the inner city at a time when much of the Valley's low-cost housing is on the outskirts.

Johnson, 47, founded Berkana Homes two years ago to exclusively develop affordable residential infill projects. His company targets teachers, police officers, firefighters and others that seek housing close to the central city, its jobs and cultural amenities, but can't pay the hefty price tag. These people can generally afford homes within the $190,000 to $250,000 range, Johnson said.

Homes at those prices are typically found in the suburbs, said Johnson, who was the Phoenix mayor from 1990 to 1994 and a councilman before that.
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Labels: affordable housing, Berkana, infill projects