Due to the volume of applications that are likely to be submitted, and to continually improve upon customer service, the administrative review process of the lottery has changed from previous years. All lottery applicants must still meet the eligibility requirements to qualify for purchase if selected, however, the final determination of eligibility will be made after the lottery selection process has been completed.  To be eligible for purchase, if selected, the top three applicants shall have 48 hours to demonstrate compliance with the following eligibility requirements:

Reminder that the process may have changed since last time you applied and we do not reference old applications. If you do not currently own residence in Vail, you will need a new affidavit each time you apply for a community housing lottery.

ASSIGNING TICKETS FOR LOTTERY DRAWING

Each qualified applicant shall receive a minimum of one lottery ticket for entry into the resale lottery drawing, by submitting an online application with accurate supporting documentation.  Additional lottery tickets shall be awarded, up to a maximum of three total, based upon the following criteria:

• Each qualified applicant with a complete application shall receive a minimum of one lottery ticket for entry into the drawing = 1 lottery ticket

• One ticket for not owning free-market residential real estate within the Town of Vail at the time of the lottery application submission deadline date as verified by a signed and sworn affidavit and Eagle County Assessor’s property records. An owner of a deed restricted home in the Town of Vail qualifies for this ticket = 1 lottery ticket

• One ticket for having unsuccessfully participated (not been chosen to purchase) in a Town of Vail housing lottery process within the previous 24 months as verified by official public records of the Town of Vail. Applicants who were selected and did not proceed forward with a purchase are not eligible for this ticket. Eligibility shall be restored 24 months after having been selected and purchase declined = 1 lottery ticket

UPLOAD REQUIREMENTS FOR A COMPLETE APPLICATION

1) Valid and legible copy of Driver’s License or Government Issued ID card (non-expired).

2) Affidavit for Real Estate Ownership - A new form must be filled out for each lottery if you do not own a non-deed restricted property and it must be notarized each time. Your application will not be accepted if you use an affidavit from a previous lottery. It must be a Town of Vail provided affidavit stating not owing non deed-restricted real estate within the Town of Vail boundaries at the time of lottery application. You must personally sign this completed document in front of a notary.
_{^{*Please list a third party and valid phone number for someone who will confirm on your behalf.  I.e. Banker, brother, colleague, boss, lawyer. This is your oath and theirs that you do not currently own property in Vail under your name, an LLC or otherwise. If this document is not notarized, your application will not be accepted.}}

OTHER IMPORTANT LINKS

FAQs 

Employee Housing Guidelines

Local Lenders Experienced with Deed Restrictions

Fannie Mae online HomeView class . Home Owner Class Certificate Required for an approved course taken within the last 5 years. If you have taken a course from the Valley Home Store and have a certificate, you may use that document as approval.

LINK to Online Application Form

SCHEDULE A MEETING WITH THE HOUSING DEPARTMENT 

*The Housing Department is here to help in effort to answer your questions about the deed restriction and application requirements. We recommend a 30-minute appointment prior to submitting your application. Please email housing@vail.gov with questions. 

The Town of Vail Housing Department is hosting a community lottery for the sale of the 2477 Garmisch Drive Unit C, 10 a.m., Wednesday, Apr. 17.  The lottery will be hosted in person in the Council Chambers and available for virtual viewing via ZOOM. Applicants are not required to attend to be selected. 

REQUIRED DOCUMENTATION

Within 48 hours of the posting of the lottery results, the first three applicant names drawn, will be required to meet with the housing staff (in person or via zoom) to submit the following documents to complete their application with no approvals after 5 p.m. on the following business day.

The Town of Vail Housing Department hosted a community lottery for the sale of the 2477 Garmisch Drive Unit C, 10 a.m., on Wednesday, Apr. 17.  There were 234 approved applications with a combined total of 564 tickets.  The top three on the list will be contacted and required to provide the additional supporting documents in order to be qualified.