Mead Housing is planning to build 240 houses in 1985, according to Donald B. Nicolson, president of the nonprofit Los Angeles organization that builds free-standing homes.
During 1984, Mead built and closed escrow on 195 homes. In 1983, Mead moved 147 families into houses.
Mead is building homes in Pomona, South-Central Los Angeles, Watts, Pacoima and San Fernando. Prices range from less than $50,000 for a 912-square-foot home to about $80,000 for a 1,588-square-foot, two-story plan. Prices are determined by cost of lots.
Houses are available on a low-interest basis to qualified moderate-income families. More details are available from Mead at 1644 Wilshire Blvd., Suite 202, Los Angeles 90017.