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New Evergreen Impact Housing Fund, GMD Development project brings 145 affordable units to Renton

New Evergreen Impact Housing Fund, GMD Development project brings 145 affordable units to Renton
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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.

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