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King County Housing Authority Completes $125M Revamp of Kirkland MF
The King County Housing Authority (KCHA) recently celebrated the grand opening of Kirkland Heights, a newly redeveloped affordable housing community that preserves long-standing affordability while expanding housing options for families in Kirkland.
The grand opening marks the completion of a multi-year transformation of the 13-acre site into a modern, garden-style community with 276 affordable rental homes across 27 buildings, along with upgraded infrastructure and new amenities.
In 2019, KCHA acquired the property to ensure long-term affordability and protect residents from displacement. Beginning in 2022, KCHA undertook a full redevelopment. KCHA rehabilitated the 180 existing units and added 96 new units by adding a third floor to several 8-plexes and constructing two new 24-plexes.
The project is funded through 4% Low-Income Housing Tax Credits, Renewable Energy Tax Credits, tax-exempt bonds, and investments from King County, A Regional Coalition for Housing, and KCHA, totaling $125 million in construction investment over three years. The City of Kirkland provided a waiver of impact fees.