LOTTERY LISTINGS

Q: How do I submit an entry into a lottery?

A: You can watch this step by step guide on how to submit a Lottery Application form. https://drive.google.com/file/d/1X2sgSnD5rQb8OJpx47lTTZiAb9VhE9jW/view

Q: Are all of the properties that require a lottery listed on the SCHA’s website?

A: Yes, any property with the requirement to sell through a lottery process is required to be listed on the SCHA’s Lottery Listings Page. This is a good resource to review once a week to see if new properties have been added.

Q: Where do I apply for lottery properties?

A: At the bottom of each property’s listing there is a link to the Lottery Application. This is the first step in the lottery process and the information needed to be included in the lottery.

Q: How can I be notified when a property is listed and requires a lottery?

A: All lotteries are required to be publicly listed on the MLS or a public platform such as Zillow or Redfin. If you are working with a local realtor, you may request notifications for any listing notating a deed restriction. If a lottery is required, specific wording will be in the listing indicating a lottery with the application window. Additionally, all lotteries are announced on the SCHA Facebook page with the application dates. While there is not a way to be notified, all lottery listings are posted in detail on our website under the Lottery Listing page where you will also find the link to apply.

LOTTERY PRE-SCREENING FORM ( LOTTERY APPLICATION)

Q: Do I have to do this application for every Lottery?

A: Yes, each property has different requirements that an applicant must meet and as well there may be different priority requirements.

Q: If I do not verify my email, will I be entered into the lottery?

A: No, your email must be verified to receive entry into the lottery.

Q: I did not receive my lottery numbers, but received my confirmation email - where are they?

A:  Your lottery numbers are included in the confirmation email that you received.

Q: What do the letters mean in front of my lottery entry number?

A: These indicate the priorities that you have earned – GE: General Entry ST: Smith Ranch Tenure PI: Priority Income UB: Upper Blue SC: Summit County Tenure WL: Work Location

Q: I can’t seem to submit or get my email to verify, what do I do?

A: You should submit a help request, or email [email protected] by the lottery application deadline. If we receive notice before the deadline, we will check our system and potentially assist you in entering the lottery. It is best practice to use a personal email instead of a work email due to firewall settings.

Q: Can I give myself every priority into the lottery?

A: Yes, but during the Full Buyer Eligibility application our team verifies that you meet each priority given. If one is found to be untrue, all entries are removed from the lottery list.

Q: Where do I find the application for the lottery I want to apply for?

A: The Lottery Application link can be found at the bottom of the Property Listing on the Lottery Listings Page.

Q: What documents do I need to supply in order to complete the Lottery Application?

A: No documents are required in the Lottery Application. However, here is a link to the list of documents required for the Full Buyer Eligibility Application.

Q: On average, how long does it take to complete the Lottery Application?

A: The Lottery Application takes 5-10 minutes on average to complete.

NOTICE OF INTENT TO SELL (NOIS)

Q: Can I change my listing date?

A: Yes, but the SCHA needs 3 business days for any changes on the form. The resale calculation has to be verified, along with background work on our end that cannot be done on short notice.

Q: How do I know if I am required to publicly list my property?

A: This will be stated in your Restrictive Covenant for your property. It varies per covenant, so you should always review your resale section for allowances. If you are unsure, submitting the NOIS form will notify the appropriate Jurisdiction and they will indicate listing requirements.

Q: How do I begin my required public listing period? Can I just list it to start the clock?

A: You cannot list your property and start the public listing period until the SCHA reviews a link to the MLS/Public listing for approval. Then the link will need to be sent to SCHA before 10:00am on the listing day for that day to be counted. For example, a listing sent at 1:00pm would not count towards your required listing period.

Q: What is the purpose of NOIS and where does this information go?

A: The NOIS form is required by most Restrictive Covenants and informs the jurisdiction and SCHA of your intent to sell as well as prompts them to provide a response for listing requirements if applicable.

Q: Why does the NOIS form ask why I am selling my home?

A: This question is used for data management with the jurisdictions. It helps us better understand the needs of the individuals in the home and if the county as a whole is fulfilling this need.

Q: Do I have to have a buyer selected to submit an NOIS?

A: No – you can submit a NOIS form before having a buyer selected and list your property. For single buyer sales, the SCHA will only process the applicants the seller has indicated are the chosen buyers or are under contract with.

RESALE CALCULATION

Q: Does my Resale Calculation ever expire?

A: The calculation is only valid for the exact information entered on the request form.

Q: After I submit my request form, what is the turn around time to receive my calculation?

A: The typical turn around time is 5 business days.

Q: Can I request a resale calculation before I am ready to sell?

A: Yes, we can give you an estimated value of your home at any time whether you are just curious or for refinancing, etc.

Q: How can I see which improvements are Permitted Capital Improvements are considered for my property’s future resale value?

A: This varies per property/neighborhood. They are typically in the Restrictive Covenant, but can also be found in the Housing Guidelines of your Jurisdiction.

Q: Who do I reach out to for approval on my capital improvements?

A:

HOW TO APPLY

Q: How do I communicate with Summit Combined Housing Authority when the seller chooses me to purchase their property?

A: The SCHA only processes buyers that have been indicated by the seller or are under contract. The first step would be the seller submitting a Notice of Intent to Sell Form. From there we will send you an email stating we need our General Interest Screening form filled out. Then we will invite you to complete the Buyer Eligibility Application.

Q: If I win the Lottery - how long will the process take?

A: The Buyer Eligibility Application process can take an average 4-7 days. From there, the contract process can take up to 60 days before you close on the home.

Q: Does SCHA keep a wait list and would they call me if there is a home available?

A: SCHA does not keep a waitlist.

Q: I do not see an application on your website, where do I apply?

A: The SCHA only processes buyers that have been indicated by the seller or are under contract. The first step would be the seller submitting a Notice of Intent to Sell Form. From there we will send you an email stating we need our General Interest Screening form filled out. Then we will invite you to complete the Buyer Eligibility Application.

BUYER ELIGIBILITY APPLICATION

Q: How long is my Buyer Eligibility Application good for? 1 year, 6 months or forever?

A: The application is good through the current year but some documents will need to be updated as needed.

Q: How long do I get to complete my application?

A: Initial submission must be done within three full days. After review, our team will give you an additional day for corrections. Single Buyer sales may have some flexibility to this timeline.

Q: What do the symbols on the application mean?

A: Green Check – all required fields are met. Orange clock – not required but a field has been indicated where a document could support this. Red Clock – Is a required document and must include to move forward. Red Exclamation Point – This item needs corrections and re-uploaded.

Q: Can my co-applicant fill out the application?

A: Yes, they first have to be verified before they have access to enter information. For entry, please use the general login link found on our website.

Q:Do I have to disclose my assets and debts when the Restrictive Covenant does not restrict this?

A: No, you can choose not to disclose this information. When filling out the Buyer Eligibility Application, select “My household does not have any assets/debts”

Q: The link on my invitation email states it is expired, how do I login?

A: You can enter your application through our Existing Applicant Login in the upper right hand corner of our website.

Q: What time of day does my application expire?

A: Buyer Eligibility Applications are set to expire at 11:59pm on the day they are due.

RENTAL UNITS

Q: Does SCHA have a waitlist for the workforce rentals in the Summit County?

A: No, not at this time. SCHA does not manage the rental waitlists, and each property currently has their own. You can find a list of the properties on the Resources for Renters page. Each one can be contacted to be added.

Q: Do you know how long the wait is to get a rental unit in Summit County?

A: No, the SCHA does not know how long the waitlists are for the rental complexes in Summit County. For a detailed list of rentals in the community click here to access our Resources for Renters page.

Q: Does SCHA manage the Housing Choice Voucher program (formerly Section 8)?

A: No, however this program is administered for Summit County Colorado by the Grand County Housing Authority. Visit: https://www.co.grand.co.us/421/Housing-Authority

Q: Are there options for affordable senior housing in Summit County, CO?

A: While there are currently not any communities specifically dedicated to seniors, there are options for those who continue to work an average of 30 hours per week on an annual basis working in and serving Summit County.

RESOURCES FOR RENTERS

Q: Is finding a property on Zillow a good idea to find a place to rent in Summit County, CO?

A: Yes, but there are many scams being listed on the platform. If it seems too good to be true, then it probably is. Do not send money or personal information until you have confirmed it it legitimate.

Q: What can I do if I am having trouble with my landlord fixing maintenance issues in my unit?

A: The SCHA has linked the HUD Renter Resources page found on our Resources for Renters Page.  The SCHA can meet and provide assistance on what resources are available to you, but not provide legal guidance.

HOMEBUYER EDUCATION

Q: Do I need to complete the 1st Time Homebuyer Education Class before submitting my application?

A: No, completing the class is not required in order to apply. If the class is needed, your Conditional Buyer Approval Letter (CBA) will show pending and the class will be required to be completed prior to your closing date.

Q: Do all Adults in a household need the 1st Time Homebuyer Class in order to be approved?

A: No, only 1st time home buyers planning to go on title will need to complete this class.

AREA MEDIAN INCOME (AMI)

Q: What do the different columns mean on the AMI Chart?

A: Here is a link to better understand the AMI Chart sections.

Q: Once I am an owner, what if my income increases? Would I have to sell my house?

A: No. Once you become an owner of an income capped unit, your income is not reexamined. The 30 hour per week work requirement remains in place over your duration of ownership.

NEIGHBORHOODS

Q: How can I request to live in a specific neighborhood?

A: SCHA does not have the capability to fulfill this type of request. If there is a specific neighborhood you would like to live in, it is best to review their Restrictive Covenant (RC) on our Neighborhoods Page and/or set up a meeting with SCHA to review the RC together to better understand how you are able to obtain housing in that specific neighborhood.

Q: Are the Restrictive Covenants the same for all neighborhoods in Summit County, CO?

A: No, Restrictive Covenants (RC) are either unique to the specific neighborhood or property address. There are many factors as to why RCs are not the same for all properties.

Q: Are the Area Median Income (AMI) requirements the same for every neighborhood?

A: No, AMI limits vary based on the specific property. AMI information can be found in the recorded Restrictive Covenant and/or Housing Guidelines.

Q: What neighborhood allows me to work remotely?

A: None, unless you work for a business that is located in Summit County. Please email SCHA for further information. [email protected]

HOMES FOR SALE & UPCOMING PROJECTS

Q: How do I know when upcoming housing projects are happening throughout Summit County, CO?

A: The SCHA strives to stay current and informative to the public. Click here to be connected to the Jurisdiction’s housing platforms or private developers website where you can find out more about upcoming projects.

PRELIMINARY APPLICANT SCREENING

Q: What is this form’s purpose?

A: This document allows us to have your contact information in our system for the potential of future notification. This is the first step in the home buying process for homes that do not require a lottery.