Demand for the $77.8 million Kestrel affordable housing complex planned near the northwest corner of Colorado 42 and South Boulder Road in Louisville has highlighted the need for such developments in east Boulder County.
The Boulder County Housing Authority announced Wednesday that the program received more than 200 applications to qualify for a lease on the first day applications were accepted.
The project, which calls for up to 200 housing units and roughly 65,000 square feet of commercial space atop the 13-acre site, has been in the works for more than a year by the Boulder County Housing Authority in order to fill the ever-growing need for affordable housing in the east Boulder County city. Applicants must meet government income guidelines to be considered for the complex where a three-bedroom apartment will cost roughly $1,479 per month.
Kestrel was developed by the Boulder County Housing Authority as homes that seniors and families can afford to rent, said Norrie Boyd, planning division manager for the housing authority.
Applications are only accepted electronically through the online portal within Boulder County Connect, which allows residents to create an account to view information about the support they receive, check the status of their case, upload documents electronically, chat with a representative, and more.
Last year, in hopes of getting the development off the ground, Louisville’s city council agreed to contribute more than $1 million toward the project.
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