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 the most active affordable housing developer in the City of Boulder over the past three years, 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 (LITCH) awarded by Colorado Housing and Finance Authority (CHFA), Element’s $64 million redevelopment of The Nest Communities resulted in nearly 240 permanently affordable units across Boulder — and singlehandedly increased the affordable housing stock in Boulder by a full percentage point. As a trusted partner to the City of Boulder’s housing division, Element delivered on its 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.