What is a lottery and how does it work
Affordable housing lotteries exist to ensure fair and equitable distribution of housing to eligible applicants. Lotteries are designed for the first-time home buyer (with some exceptions), including local working folks, and those over 55 who meet income/asset guidelines. Buyers typically earn $35,000 to $70,000, approximately, depending on household size. Lotteries may occur at any time that a developer obtains permitting, so check back often or sign up to receive a lottery notification.
The workings of a lottery are very simple. All qualified applicants are pooled and chosen randomly. Winners are notified immediately. Should a winner not be able to purchase a home, the next applicant on the list is given the opportunity.
Housing Assistance Corporation is here to help you with the application process.
To be the first to learn about upcoming lotteries, please sign up to receive our lottery notification service.
In the meantime, you may also want to review the Ready to Buy application.
Check out our Homes for Sale page!
Apply for Lottery for 2 affordable homes at Levi's Path, Chatham! Info session December 5, 2013. Lottery applications due January 14, 2014.