With the Capitol Quarter
workforce housing lottery mere hours away, I've been told that 172 interested parties have been certified and will be entered in the drawing Saturday morning at 9 am. There were a few last-minute changes made by DCHA in the rules governoring the workforce program because of the huge response (though, again, I hope if you're in the lottery you're registered with the EYA web site
and not depending on me to tell you this a mere 11 hours beforehand!)--quoting from an EYA e-mail, "the three-bedroom Elliott model may not be reserved by purchasers with a household size of less than two"; and "the Price Control Period will be enforced with a soft second-trust rather than a restrictive covenant. In addition, the Price Control period has been modified to encourage initial occupants to remain in the workforce homes for the first three years after initial settlement." If this makes no sense, read the Workforce Housing Guidelines
for more details. I'll be there at 9 am to view the festivities (unless I oversleep, which with my lazy bones is always possible), so wave and say hi. And remember, there will be about 70 more workforce homes available for purchase as more of Capitol Quarter comes on line, so there will be more opportunities in the coming months for qualified buyers to purchase one of these moderate-income-level homes. UPDATE:
As you can see from the photo above, it was just like the lottery shows on TV--ping pong balls in a barrel with numbers on them. Fifty numbers were picked, and 20 of those people (going down through the list in the order they were picked) will sign reservation contracts. Four of the top 20 already appeared to not be staying around to sign reservations, so folks lower down the list who thought they didn't have a chance might still see a glimmer of hope....