Athene Apartments

12531 NE 124th St, Kirkland, Washington 98034

Contact Athene Apartments

Athene is a senior community offering 91 affordable apartments with 27 studio, 59 one (1)-bedroom, and 5 two (2)-bedroom homes. 20 apartments are set aside for seniors experiencing homelessness. Athene is located next door to Francis Village, another Imagine Housing community in the Totem Lake neighborhood of Kirkland.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	-	Call for Price
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price

Eligibility for Athene Apartments

Athene Apartments Details

11 studio, one and two bedroom units.
Water and Sewer utilities included in rent
Low-Income Housing Tax Credit (LIHTC)
HOME Investment Partnerships Program

Property Amenities

Community Room
Secured Entry
Wireless Internet Access
Courtyard
Laundry Facility

Unit Amenities

Handicapped Accessible
Water Trash and Sewer Included
Energy Efficient Appliances

Nearby Amenities

Close to Shopping

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

HOME Investment Partnerships Program

This project has received some funding from a participating jurisdiction (local or state government agency) through the HUD HOME Investments Partnerships Program (HOME). In projects with five or more HOME-assisted units, at least 20% of these units must be occupied by families earning 50% or less of area median income (AMI). All other HOME-assisted units must be occupied by families earning 80% or less of AMI, but in practice most are reserved for families earning 60% or less AMI. Maximum monthly rent is capped with a Low HOME Rent for <50% AMI units and a High HOME Rent for the remaining HOME-assisted units. Contact the property directly for the specific dollar amount of these rent caps.