Runway Neighborhood 1.1 Lottery Information
The first construction phase of the Runway Neighborhood had 19 homes with all 5 property types available.
There were three separate lottery options in this phase – Summit School District, Work Only Requirement and Income Restricted Units.
Lottery Application Opened: Monday, May 11th at 12:00am
Lottery Application Closed: Friday May 15th at 11:59pm
Lottery Results Released: Tuesday, May 19th
At least one household member must work 30+ hours per week on an annual basis for the Summit School District to enter this lottery.
Summit School District Employees can enter all three lotteries.
One household member working in and in service to Summit County, CO for 30 hours per week on an annual basis.
The application will have an income and asset section. Since this lottery does not have an income or asset requirement, you can put $0.
Unit Types: 2 Bedroom Townhomes, 3 Bedroom Townhomes
Income Limit: Gross annual household income is below 100% AMI limit at 1.5 per bedroom size or actual household size, whichever is greater.
2 Bedroom Townhome – $131,300
3 Bedroom Townhome – $151,650