Lottery applications for the resale of a home at Vail Commons are due to the Town of Vail by 3 p.m. Tuesday, Aug. 18. Upload applications to https://vail.sharefile.com/r-radbb0bae3ae414f9 or schedule an appointment to drop off Monday through Friday between 9 a.m. and 3 p.m. at 75 S. Frontage Rd. W., West building.
The 927 square feet, two-bedroom, two-bath home is located at 2090 Zermatt Lane, Unit A, in West Vail.
The lottery is open to any qualifying individual interested in purchasing the deed-restricted home for $211,820. To accommodate public health protocols, The Valley Home Store will conduct private showings at the property from 11 a.m. to 1 p.m. Wednesday, Aug. 12 and 1 to 3 p.m. Thursday, Aug. 13. Please schedule a 15-minute time slot during either of the two dates offered. Showings are limited to decision-makers only; please leave kids and friends at home. https://calendly.com/valley-home-store/vail-commons-private-showing
All attendees shall:
Applicants must meet the following basic eligibility requirements to qualify:
A virtual lottery drawing will take place at 10 a.m. on Tuesday, Aug. 25; applicant’s presence is not required. Up to five tickets will be issued to applicants based on the following:
Vail Commons homes have a resale price appreciation cap of 3% per annum plus any approved capital improvements. See the Employee Housing Guidelines, July 3, 2018, Vail Commons Master Deed Restriction and Resolution No. 21, Series of 2002 for additional information.
Additional information including applications and the deed restriction are located on the town’s website at https://www.vailgov.com/departments/housing/current-listings.
For additional details, contact Lynne Campbell, the town’s housing coordinator, at 970-479-2150 or email email@example.com.