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Bellwether Housing, EHIF Open North Seattle Affordable Apartments

Bellwether Housing and the Evergreen Impact Housing Fund (EIHF) have officially opened The Aries at Bitter Lake, a new 200-unit affordable apartment complex in North Seattle.

The Aries is the first project funded by EIHF to open to residents. “This project is a testament to the power of collaboration in addressing our state’s affordable housing crisis,” said Kris Hermanns, fund manager of EIHF for the Seattle Foundation. “When public and private sectors work together, we can create positive, sustainable change in Washington State. It is an honor to celebrate this impactful addition to the community.”

The Washington State Housing Finance Commission provided an allocation of bond cap and low-income housing tax credits (LIHTC) for The Aries in addition to EIHF’s private capital. “The investments in affordable housing made by this region’s business sector have been transformative,” said Susan Boyd, CEO of Bellwether Housing. The Aries is located at 916 N 143rd Street and features two- and three-bedroom apartment homes.


Inside The Story

Evergeen Impact Housing FundBellwether Housing

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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