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Kestrel Housing
Kestrel Housing Development. Modern three-story townhomes lined up. They are white on top, then gray, and brown wood on the bottom. Some are all wood. Kestrel logo, Louisville, Colorado.

Kestrel Housing

In 2013, Boulder County bought the 13-acre Alkonis property in Louisville. The property is now called Kestrel. It sits just northwest of Highway 42 and South Boulder Road. It was the last empty piece of land in the area. The county chose it to create a lively neighborhood center that adds to Louisville’s historic downtown.

Kestrel has 200 affordable homes for people of all ages:

  • 129 townhomes open to people of all ages
  • 71 apartments for people ages 55 and older

Kestrel homes are for households that earn 60% or less of the area median income (AMI). AMI is the middle income for the area.

We designed Kestrel to meet the need for affordable housing today and to last for future generations. Kestrel uses energy wisely and goes 50% beyond the required energy standards. It also has:

  • Natural areas and green space
  • Connections to regional trails
  • Creative play areas for kids
  • A modern community building

Property managers work on site. Like other Boulder County Housing Authority properties, Kestrel also has staff who connect residents with services and support.

Boulder County Housing Authority (BCHA) and our design team held several community meetings in Louisville and Lafayette. At these meetings, people shared their hopes, expectations, and concerns about the project. We also held small group meetings with older adults, artists, and families.

We heard a clear need for affordable housing, which means homes that cost less than usual market prices. Community members asked for:

  • Medium-sized buildings, not high-rises
  • A neighborhood that is easy to walk
  • Art
  • Community gardens

We used these ideas to guide our site plan and building design.

BCHA kept meeting with the community as we worked through the design, city approvals, and funding for the housing.

Where is Kestrel?

Kestrel is at 1215 S. Kestrel Lane in Louisville. Many places are close by:

  • Within a quarter mile: Two grocery stores, banks, gas stations, medical offices, and shops
  • Half a mile south: Historic downtown Louisville, with a library, city offices, a cultural center, restaurants, shops, and a seasonal farmers market
  • Within 1.5 miles: Schools from preschool through high school
  • Nearby: The Louisville Recreation and Senior Center, a health clinic 1 mile away that offers medical care in English and Spanish, and two full-service hospitals within 3 miles

How many homes does Kestrel have, and who can live there?

Kestrel has 200 homes for people of all ages. There are two types of buildings:

  • Townhomes: 129 homes in 17 buildings, open to people of all ages. There are 61 one-bedroom, 38 two-bedroom, and 30 three-bedroom townhomes.
  • Apartments: 71 homes in one three-story building, for people ages 55 and older. There are 46 one-bedroom and 25 two-bedroom apartments.

Are utilities included in the rent?

Included in rent:

  • Heat
  • Electricity
  • Water
  • Trash, recycling, and compost

Not included in rent:

  • Phone
  • Internet
  • Cable or streaming TV

Why is rent higher than I expected for affordable housing?

Most of the money to build Kestrel came from the Low-Income Housing Tax Credit program. This federal program helps housing authorities and developers build homes that rent for less than market prices. Kestrel homes are for households that earn 60% or less of the area median income (AMI). AMI is the middle income for the area.

Kestrel rents are lower than market rents, but they are a set amount. They are not based on your income. If you have a Housing Choice Voucher, the voucher will pay part of your rent. Some other Boulder County Housing Authority properties have lower rents because they use different funding with different rules.

Kestrel can also save you money in other ways:

  • Utilities are included. This can save you $175 to $250 a month, depending on the size of your home.
  • The security deposit is low. It is $200 to $300. Many private landlords ask for first and last month’s rent, plus a deposit equal to one month’s rent, before you move in.
  • You get a free transit pass. Every resident gets an RTD EcoPass for unlimited bus and train rides, including to and from the airport. The pass also comes with the Guaranteed Ride Home program. It gives you a free taxi ride home from work if you get sick, have an emergency, or your schedule changes.

I have a Section 8 housing voucher. Can I use that at Kestrel?

Yes. Kestrel accepts Housing Choice Vouchers, also called Section 8 vouchers. You can use your voucher to help pay your rent.


What amenities do the units have?

  • Carpet, vinyl, and wood-look laminate floors
  • Energy-efficient electric stove, dishwasher, and refrigerator
  • Washer and dryer in each home
  • Air conditioning
  • Geothermal heating and cooling, which uses heat from the ground
  • Ceiling fans
  • Thermostats you can set on a schedule
  • Paint, carpet, and cabinets with few or no chemicals that can affect air quality
  • Coat and linen closets
  • Blinds
  • Roof decks on many townhomes

Contact Us

Housing

Phone: 303-441-3929
TTY: 1-800-659-3656 or 7-1-1
Fax: 720-564-2283
Email: housing@bouldercounty.gov

Mailing Address

Mailing Address
P.O. Box 471
Boulder, CO 80306

Housing website