The Nest Communities

4990 Osage Drive, Boulder, CO
4825 Thunderbird Circle, Boulder, CO
4927 Thunderbird Circle, Boulder, CO
4917 Thunderbird Drive, Boulder, CO
2995 Eagle Way, Boulder, CO

Completed 2017

As one of the most active affordable housing developers in the City of Boulder, Element Properties has played a critical role in helping to meet the profound and growing need for permanently affordable housing (defined as 30-60 percent of area median income, or AMI). Utilizing low income housing tax credits (LIHTC) awarded by Colorado Housing and Finance Authority (CHFA), Element was a part of a team including The Michaels Organization tasked with the $64 million redevelopment of The Nest Communities, which resulted in nearly 240 permanently affordable units across Boulder. The Nest delivered on a commitment to provide permanently affordable housing that is beautifully designed, preserves a sense of place and comes loaded with amenities, transit-oriented locations and modern conveniences.