The City of Boulder announced today that it has allocated $8.25 million from the city’s Affordable Housing Fund to Element Properties and Allison Management in order to acquire and rehabilitate affordable housing stock that otherwise would have been subject to significant market increases.
City of Boulder allocates $8.25M toward affordable-housing conversions
BOULDER — The city of Boulder on Thursday said it has allocated $8.25 million to Element Properties and Allison Management to acquire 203 apartment units that will be added to the city’s affordable-housing stock. The buildings that will be acquired are the 52-unit Osage 100 Apartments at 4990 Osage Drive,
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