Evergreen Impact Housing Fund, Inland Group, and Microsoft Announce Affordable Housing Project in Kirkland
KIRKLAND, Wash., Sept. 27, 2023 /PRNewswire/ -- Evergreen Impact Housing Fund (EIHF), developer Inland Group , and Microsoft are pleased to announce the full financing of the Polaris at Totem Lake affordable housing development in Kirkland, WA.
- KIRKLAND, Wash., Sept. 27, 2023 /PRNewswire/ -- Evergreen Impact Housing Fund (EIHF), developer Inland Group , and Microsoft are pleased to announce the full financing of the Polaris at Totem Lake affordable housing development in Kirkland, WA.
- 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 earning 30-50% AMI.
- We're thrilled that EIHF and Microsoft have stepped up to fill financing gaps," said John Fisher, Developer at the Inland Group.
- The full financing of the Polaris project is a testament to the power of collaboration and the urgent need to address the affordable housing crisis.