Adjacent to the future BelRed/130th
Link Light Rail Station scheduled for completion in June 2022, Ondina will be transit-oriented; future residents will enjoy quick and easy access to major Eastside tech employers, such as Amazon, Facebook, and Microsoft, each of which will be only one or two light rail stops away. Travel between the BelRed station and Seattle will only take 24 minutes.
Ondina will participate in Bellevue’s Multi-family Tax Exemption (MFTE) program. Twenty percent of the units will be rent- and income-restricted for households earning 80 percent of Area Median Income. To advance housing affordability on the Eastside, the City of Bellevue, VRE, and other stakeholders collaborated to suggest guideline and incentive updates to further stimulate participation in the program. In July 2021, the Bellevue City Council voted unanimously to adopt the recommended updates, paving the way for additional affordable housing creation through MFTE.