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Town Council to Continue Review of Recommendations to Improve Resale Housing Lottery Process at May 15 Meeting

  • 10 May 2018

The Vail Town Council will continue its review of recommendations to improve the town’s resale lottery process at is evening meeting on Tuesday, May 15. The item is listed as 7.2 on the meeting agenda which begins at 6 p.m. in the Vail Town Council Chambers with opportunities for public comment.

The current lottery selection process has been in place since 1999 and was established at the direction of the Vail Town Council. Earlier this year, the council asked the Vail Local Housing Authority to explore possible updates and enhancements after concerns were expressed by lottery participants about the effectiveness, appropriateness and fairness of the selection process. 

After reviewing and analyzing the master resale process over the course of several meetings, the Housing Authority is recommending the following changes:

  • Clearly define the goals and objectives of the town’s lottery criteria and process
  • Allow current residential property owners, including vacant residential land, to participate in the lottery 
  • Phase out the weighted preference and tiered systems and replace them with a point-based lottery process which grants preference to persons with that live and work in Vail, yet still affords all participants a chance of being selected
  • Replace the annual lottery process with an individual and separate process for each home when it becomes available for purchase
  • Eliminate the minimum household size requirements
  • Simplify and streamline the application submittal process and minimize to the extent possible the materials required for participation
  • Establish an administrative process to handle special and unique situations and circumstances.

Any amendments, improvements or enhancements made to the lottery selection process will require Town Council authorization. For a copy of the staff memorandum outlining the recommendations, visit the town’s website at vailgov.com. To comment in advance of the meeting, email the Vail Town Council at towncouncil@vailgov.com.

 

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