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Evergreen Impact Housing Fund, Inland Group, and Microsoft Announce 440-Unit Affordable Housing Project in Seattle Submarket

KIRKLAND, WA - Evergreen Impact Housing Fund (EIHF), developer Inland Group, and Microsoft announced the full financing of the Polaris at Totem Lake affordable housing development in Kirkland, WA. Polaris is slated for completion in 2026. Polaris will create more than 440 apartments that are affordable to people with different levels of income. This will include 260 affordable housing units for households earning 50-60% of the area median income (AMI), and 40 units for very low-income families.

Evergreen JV Partners With Microsoft for Seattle Affordable Project

Evergreen Impact Housing Fund, Inland Group and Microsoft fully financed a 440-unit affordable community in Kirkland, Wash.

Evergreen Impact Housing Fund, Inland Group, and Microsoft Announce Affordable Housing Project in Kirkland

/PRNewswire/ Evergreen Impact Housing Fund (EIHF), developer Inland Group, and Microsoft are pleased to announce the full financing of the Polaris at Totem.

Evergreen Impact Housing Fund, Inland Group, and Microsoft Announce Affordable Housing Project in Kirkland

Private investments needed to help address Washington's middle-income housing crisis, experts say - State of Reform

Washington has a housing crisis that will require a wide variety of homes to be built for residents representing various income levels.