A private, non-profit real estate company created in 1989, Thistle has created over 1,000 affordable homes and annually provides housing for over 1,700 residents and responds to over 2,000 requests for information and services.
About Thistle
2011 Annual Report
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About ThistleNewsMore Workers Calling Boulder Home
Thistle’s new developments are typically different than others in Boulder because our focus is on family friendly homes; the market rate homes are the lowest priced new construction in the market and the deed-restricted affordable homes are large enough to accommodate a household with several members. Home buyers are looking for neighborhoods where their children can ride bikes and play with others as well as properties they can afford. The demand remains high for these types of homes. Whether market rate or affordable, buying your first home is exciting and scary. Carlyn, an English teacher at a local Boulder high school and single mother to two kids, made significant adjustments in her financial situation before qualifying under City of Boulder guidelines to buy a home. Once approved, the next step of finding a house that was affordable and comfortable took some time. Her search resulted in the purchase of a permanently affordable three-bedroom townhome with a garage in Thistle’s Yarmouth Way community. (See photo, left) “I needed a three bedroom because of the kids,” she said. “I decided I’m going to get my kids a home.” Though sometimes she doubted it was possible, Carlyn was the first in her family to buy a home, graduate from college and get a Masters degree. Her mom was a single mother, had never owned a home and lived a gypsy life. Carlyn’s mother helped take care of the kids when Carlyn moved to Colorado to go to school. Carlyn, looking forward to the stability of owning her home, said, “Now my son will be able to graduate from Boulder High and my daughter can ride her bike in the neighborhood with other kids.” Yarmouth Way, Thistle’s latest neighborhood, hosts 25 homes, ten of which are affordable and 15 are market rate. The development is currently 75 percent sold out after eight months. A school teacher in Boulder like Carlyn who earns a respectable income cannot buy a median-priced home at $525,000 but can qualify to purchase a home priced at $208,000 to $237,300 at Yarmouth Way. Buyers are already in line for 1000 Rosewood, scheduled to begin construction in Summer, 2012. Eighteen single-family homes are expected to sell out quickly, allowing more Boulder teachers, government workers and university staff to realize the dream of working and living in Boulder. Toby's Lane Sets the StandardToby’s Lane homes, located near 55th and Arapahoe, are the only homes built in Boulder to receive the Leed Gold certification for achievement in green homebuilding. LEED for Homes (Leadership in Energy and Environmental Design) is a third-party certification system for building and designing high-performance green homes which was developed and is administered by US Green Building Council. Toby’s Lane homes are designed with features such as tankless water heaters, 90% efficient furnaces, double hung (Low-E) vinyl windows, state-of-the-art Icynene®foam and fiberglass batt insulation in the ceilings and walls. Additionally, all the homes are solar ready, with the necessary conduit for solar panels installed on the roof. Three homes already have 2.1 kW solar systems installed and functioning. As well as being energy efficient, five of the eight homes at Toby’s Lane are permanently affordable through the City of Boulder’s deed-restricted program. Homeowners include two university employees, two government employees, and a non-profit director. Forty percent (two out of five) of the new affordable homeowners were Thistle renters before buying a home at Toby’s Lane. Our MissionThe Mission of Thistle Communities is to create and preserve quality, permanently affordable rental and ownership homes for working families, seniors and people with disabilities. Thistle’s 1,000 homes allow teachers, health-care workers, and others who are the backbone of our economy to live in the communities where they work. History of ThistleA charitable non-profit, Thistle was created in 1989 to meet the need for affordable and accessible rental housing, serving 24 people with disabilities. Thistle expanded its mission to provide workforce rental housing, then became a developer in 1993. In 1996 homeowners purchased their first Community Land Trust homes. Thistle is now the largest private provider of permanently affordable homes in Boulder County. Since its founding, Thistle has created over 1,000 affordable homes, providing quality housing for over 3,000 residents and responding to over 4,000 requests for information and services annually. AwardsBlue Vista received the 2007 Sustainability Award for Advancing Green Design and Planning from the Colorado Chapter of the American Planning Association; and the 2008 Green Development of the Year Award from the National Association of Home Builders Board of DirectorsJoe Ballestrasse, President, First National Bank of Colorado StaffMary Roosevelt, Chief Executive Officer Tracy Walters, Director of Property Management Links & PartnersBoulder County Housing Authority Boulder Housing Partners City of Boulder Division of Housing City of Longmont Elevations Credit Union Safehouse Progressive Alliance for Non-Violence Boulder Shelter for the Homeless Colorado Division of Housing Colorado Housing and Finance Authority (CHFA) Enterprise Foundation Housing Helpers Imagine! Center for People With Disabilities Employment OpportunitiesTHREE POSITIONS AVAILABLE: ONE: Great opportunity for an experienced Maintenance Manager to join Thistle Communities!
Candidate must have a minimum of three to five years' successful experience in a multi-family supervisory position with of a minimum of five direct reports. Proven track record managing dispersed sites and multiple projects strongly desired. We are looking for an experienced and knowledgeable individual to manage all maintenance needs and provide positive leadership and supervision to maintenance staff. POSTION 2: Thistle Communities seeks a leasing team member who is reliable, detail and customer-service oriented, a problem solver, and fun. Bilingual (Spanish/English) required. Previous leasing experience is ideal but we are willing to train the right candidate. Responsible for all activities related to front desk coverage, apartment rentals, move-ins and renewals, including generating and handling traffic, leasing apartments, qualifying prospects, preparing lease documentation and completing move-in procedures in accordance with established policies and procedures. Leasing Consultants provide high quality resident service and convey resident service requests to the Maintenance Supervisor and other service associates. This position is also responsible for complying with all state, federal and/or local laws relating to Fair Housing. *Bilingual Spanish/English communication skills are required. Competitive salary and excellent benefit package. EOE. Call 303-443-0007 ext. 101. POSITION THREE: Assistant Project Manager Are you knowledgeable about construction, experienced in real estate development and familiar with green-building practices? Boulder Real Estate Development Company is looking for a dynamic, detail-oriented individual for the position of Assistant Project Manager. Ideal candidate will have a college degree, two to five years real estate development, construction and project accounting highly desirable. Knowledge of green building practices helpful. Send resume to dhuxford@thistlecommunities.org For complete job description, please click here.
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While the Boulder real estate market has not seen a significant reduction in the median home price, opportunities do exist for people with moderate incomes to live, work and own their own homes in the city. Teachers, retail employees, non-profit administrators and university staff, the backbone of our workforce, are recent purchasers of new homes developed by Thistle Communities.
Said Mary Roosevelt, Thistle CEO, “Working families with incomes of 70-110 percent of the Area Median Income ($53,750 to $88,770 for a family of three) now have the choice to live and work in Boulder. Our market rate homes at Toby’s Lane were the lowest-priced new construction in the City of Boulder and our next development at Yarmouth Way will feature the same pricing. Fifteen of the 25 homes at Yarmouth Way will be market rate.” 