Lottery Application Opens: Monday, November 11th at 12:00am
Lottery Application Closes: Monday, November 18^th at 11:59pm
Lottery Drawing: 11/20/2024

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>>>Lottery results<<<

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Lottery Qualification:

• Only one (1) application per household. If you will be owning, living in, and/or financing the property with another person, please list them on the application as a household member, but only fill out one (1) single application. Application is to be completed by primary applicant, adding information about household members as requested.

• You must work 30+ hours per week within, and in service, to Summit County to qualify to purchase a property. This qualification must be met by at least one individual intending to own any deed restricted property. This employment status must be active at the time of application.

• Income Limit: Gross annual household income is below 140% AMI at 1.5 persons per bedroom size or by actual size of the household, whichever is greater. The max annual gross income at 140% AMI for 4 bedrooms at 1.5 persons per bedroom is $197,820.
• Income Priority: Gross annual household income that is below 130% AMI at 1.5 persons per bedroom size or by actual size of the household, whichever is greater. The max annual gross income at 130% AMI for 4 bedrooms at 1.5 persons per bedroom is $183,690. Household under this threshold will receive an extra entry into the lottery.
• Live/Work Priority: Households living or working in the Town of Silverthorne for a minimum of the last 12 consecutive months from the opening of the pre-screen – November 11th. 

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• Three total entries possible:

• • +1 entry for the general lottery (30 hours per week in Summit County on an annual basis)
  • +1 entry for meeting the income priority requirements
  • +1 entry for meeting the live/work priority requirements

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Lottery Process Information:

• Applicants will be notified, via email, of eligibility, lottery number, and quantity of lottery entries prior to the actual lottery.

• Applications that are not complete at the deadline of Monday, November 18^th at 11:59pm will not be entered into the lottery.

• The lottery will be held on a date to come. The lottery will be electronic and hosted by a third-party, approved vendor. Results will be posted after the lottery is complete.
• A full Buyer Eligibility Application & determination will be required of the top lottery winner 72 hours after SCHA invites them to apply. In anticipation of the possibility of any applicant(s) not meeting full eligibility or choosing not to enter a purchase agreement when it’s their opportunity to do so, the number of those who move on to the full application will be greater than the number of units available.
• Approved entry into the lottery does not imply an approval of the Buyer Eligibility Application & determination.
• If an applicant’s information is found to be false, the application will be removed from the lottery process.

Full Buyer Eligibility Process Information:

Full Buyer Eligibility Applications will collect information and documentation from applicant households to determine if the household meets the parameters of the restrictive covenant (deed restriction).

To anticipate the required documents to be submitted at time of Full Eligibility Determination & Application, review Step 3 found HERE.

Smith Ranch: 231 Haymaker St, Silverthorne, CO 80498

1-bedroom for $460,000

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LOTTERY APPLICATION OPENS: Sunday, November 10^th @ 12:00am
LOTTERY APPLICATION CLOSES: Friday, November 15^th @ 11:59pm
LOTTERY DRAWING: 11/19/2024

>>> Lottery Results <<<

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LOTTERY QUALIFICATIONS

• Only one (1) application per household. If you will be owning, living in, and/or financing the property with another person, please list them on the application as a household member, but only fill out one (1) single application. Application is to be completed by primary applicant, adding information about household members as requested.
• You must work 30+ hours per week within, and in service, to a business or organization operating within one mile of the Ten Mile Basin. This qualification must be met by at least one individual intending to own the listed property. This employment status must be active at the time of application.  Location Map

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ADDITIONAL PRIORITIES

• Work or Live Location Priority: Priority in the lottery will be given to applicants currently living or working in the Town of Frisco, and who have done so continuously for at least five years prior to the date of application. Frisco employment must be an average of 30 hours/week on an annual basis within the Town limits. Current residency must be within the Town limits. Applicants meeting one or both criteria will receive a total of one additional entry in the lottery.

Lottery Entries

• +1 entry for the general lottery
• +1 entry for the Work or Live Location Priority

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LOTTERY PROCESS INFORMATION

• Applicants will be notified, via email, of eligibility and lottery number
• Applications that are not complete at the deadline of November 15^th at 11:59PMwill not be entered into the lottery.
• The lottery results will be posted on Date to Come. The lottery will be electronic and hosted by a third-party, approved vendor. Results will be posted after the lottery is complete.
• A full Buyer Eligibility Application & determination will be required of the top lottery winner 3 days after SCHA invites them to apply. In anticipation of the possibility of any applicant(s) not meeting full eligibility or choosing not to enter a purchase agreement when it’s their opportunity to do so, the number of those who move on to the full application will be greater than the number of units available.
• Approved entry into the lottery does not imply an approval of the Buyer Eligibility Application & determination.
• If an applicant’s information is found to be false, the application will be removed from the lottery process.

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Full Buyer Eligibility Process Information:

Full Buyer Eligibility Applications will collect information and documentation from applicant households to determine if the household meets the parameters of the restrictive covenant (deed restriction).

To anticipate the required documents to be submitted at time of Full Eligibility Determination & Application, review Step 3 found HERE.

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3-bedroom for $600,000

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LOTTERY APPLICATION OPENS: Sunday, November 10^th @ 12:00am
LOTTERY APPLICATION CLOSES: Friday, November 15^th @ 11:59pm
LOTTERY DRAWING: 11/19/2024

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>>> Lottery Results <<<

LOTTERY QUALIFICATIONS

• Only one (1) application per household. If you will be owning, living in, and/or financing the property with another person, please list them on the application as a household member, but only fill out one (1) single application. Application is to be completed by primary applicant, adding information about household members as requested.
• You must work 30+ hours per week within, and in service, to a business or organization operating within one mile of the Ten Mile Basin. This qualification must be met by at least one individual intending to own the listed property. This employment status must be active at the time of application.  Location Map

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ADDITIONAL PRIORITIES

• Work or Live Location Priority: Priority in the lottery will be given to applicants currently living or working in the Town of Frisco, and who have done so continuously for at least five years prior to the date of application. Frisco employment must be an average of 30 hours/week on an annual basis within the Town limits. Current residency must be within the Town limits. Applicants meeting one or both criteria will receive a total of one additional entry in the lottery.

Lottery Entries

• +1 entry for the general lottery
• +1 entry for the Work or Live Location Priority

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LOTTERY PROCESS INFORMATION

• Applicants will be notified, via email, of eligibility and lottery number
• Applications that are not complete at the deadline of November 15^th at 11:59PMwill not be entered into the lottery.
• The lottery results will be posted on Date to Come. The lottery will be electronic and hosted by a third-party, approved vendor. Results will be posted after the lottery is complete.
• A full Buyer Eligibility Application & determination will be required of the top lottery winner 3 days after SCHA invites them to apply. In anticipation of the possibility of any applicant(s) not meeting full eligibility or choosing not to enter a purchase agreement when it’s their opportunity to do so, the number of those who move on to the full application will be greater than the number of units available.
• Approved entry into the lottery does not imply an approval of the Buyer Eligibility Application & determination.
• If an applicant’s information is found to be false, the application will be removed from the lottery process.

–

Full Buyer Eligibility Process Information:

Full Buyer Eligibility Applications will collect information and documentation from applicant households to determine if the household meets the parameters of the restrictive covenant (deed restriction).

To anticipate the required documents to be submitted at time of Full Eligibility Determination & Application, review Step 3 found HERE.