Friends of Youth will soon open Iva Place Kirkland, an affordable housing community in Kirkland, Washington offering below-market rate rents for low-income qualified young adults, ages 18-24.
On Saturday, June 22, 2024, Friends of Youth hosted a Ribbon Cutting Ceremony for Iva Place Kirkland with honored guests and speakers King County Executive Dow Constantine, Friends of Youth President and CEO, Paul Lwali, Friends of Youth Board President, Alex Lee and representing A Regional Coalition for Housing (ARCH), Carol Helland, Planning and Community Director, City of Redmond.
Friends of Youth will soon open Iva Place Kirkland, a residential community, with 15 single occupancy leased units with shared living space for young adults, ages 18-24. It is located at 11005 NE 68th Street in Kirkland, near Houghton Center and public transit. Units will be available for those earning 30 - 50% of Area Media Income (AMI). Each unit has a private bedroom and a shared, furnished living area, including a kitchen, living room, and bathroom, with utilities and wi-fi included. On-site parking is available on a limited basis.
The building is unique in that it will offer below-market-rate rent affordable housing in East King County for young adults while being rebuilt to be extremely energy efficient.
Iva Place Kirkland will be a green, energy-efficient apartment building supported by King County Housing Finance Program, King County GreenTools, and King County Housing Authority Weatherization Team. Iva Place Kirkland’s renovation is also being built per the Evergreen Sustainable Development Standard (ESDS), Washington Department of Commerce’s Green Building Requirements.
“Iva Place Kirkland will support young adults on the Eastside to live independently, close to services, employment, and educational opportunities to help them thrive,” said King County Executive Dow Constantine. “Affordable housing for youth and young adults remains limited. King County is working to overcome these barriers by partnering with Friends of Youth and other housing and service providers to make more options available. The opening of Iva Place is a step in the right direction.”
Iva Place Kirkland is funded by King County, A Regional Coalition for Housing (ARCH), and the Washington Department of Commerce.
Potential tenants who are interested in more information may email leasing@ivaplacekirkland.com.
