Housing Purchase Process
A waitlist is utilized for the affordable sales program. Once on the waitlist, applicants will receive notice when units become available. The email will provide instructions for any interested applicants to pursue the opportunity to purchase a unit. Interested applicants who've submitted full, complete applications will be matched to the available unit in the order of their standing on the waitlist. In order to be put on the For Sale Housing Program waitlist, follow the process below:
1. Submit Pre-Application
2. Pre-Applications Reviewed
Pre-applications are reviewed and placed in one of two groups: I. Affordable (Up to 80% of AMI for household size) and II. Attainable (between 80 and 150% of AMI for household size). See AMI chart.
3. Applicants Contacted via Email
All waitlist applicants are notified when units become available for purchase. For those applicants interested in pursuing a particular unit for sale, simply click the link within the email to begin the process of submitting a full application. Full applications will not be considered complete until all required financial documents, employment verification, and pre-approval from a qualified lender are included in the submission.
4. Full Applications Reviewed
Full applications are reviewed thoroughly to verify qualifications. After review of full and complete applications, qualified applicants will be contacted in the order of their waitlist standing until a match is found for each unit for sale.
5. Waitlist Maintained
Remaining applicants make up the waitlist and will be maintained in the order of their standing. On an annual basis, the City will request that applicant information be updated and confirm desire to remain on the waitlist. For applicants that do not reply to the request, will be removed on the assumption that they are no longer in need of or interested in the program.