After the 30-day open marketing period, the program selects the buyer through the Fair Selection Process.
Certified households who are interested in a home must enter the Fair Selection Process by filling out the Selection Entry Form.
Before entering the Fair Selection Process, households must:
Learn more about required qualifications and the application process before entering the Fair Selection Process.
Households that enter the Fair Selection Process are sorted into tiers based on work location, how long they have worked there, and how long they have been continuously certified for the program.
During the Fair Selection Process, households are sorted and prioritized based on their tier. If there is more than one household in a tier, then a random drawing occurs. All qualified households are informed of their placement in the Fair Selection Process for each home. A household’s tier may vary based on the location of the home.
| Tier | Households Must: |
|---|---|
| 1 |
|
| 2 |
|
| 3 |
|
| 4 |
|
| 5 |
|
| 6 |
|
Retired households are classified as working in the city in which the home is located. If a retiree’s last work location is in the city in which the home is located, they start in Teir 2. If a retiree’s last work location does not match the city in which the home is located, they start in Teir 4 and will be moved to Tier 2 after being continuously certified in the program for more than a year.
Disabled households are classified as working in the city in which the home is located, and they start in Tier 2.
Some homes or households may have different considerations based on home size and disability accommodation. The Homes for Sale webpage shows added considerations under the ‘Fair Selection Process’ section. Examples include:
Each home has strict deadlines for a household’s complete program application and selection process entry form.
A complete application is due by the application due date. If an application is incomplete or more information is required, households will not be allowed to participate in the selection process.
After submitting a selection process entry form, staff will review your submission, and you will receive an email within five business days confirming your entry into the fair selection process or ineligibility for the home.
If you do not get an email after submitting a selection process entry form, please contact the program.
To enter, households need to:
This refers to households who have recertified for the program by their recertification deadline. If a household misses their recertification deadline, their time in the program restarts. Your recertification deadline can be found on your preliminary certification letter.
For some larger homes, households with dependents may receive a higher preference. Learn more about dependent preference criteria on the city’s website. The Homes for Sale webpage shows added considerations under the ‘Fair Selection Process’ section.
Disabled people may receive a higher preference for homes that meet their specific need. To receive this preference, households must complete the Disability Accommodation Verification Form.
The program does not automatically give disability preferences. Households should request a disability preference for any homes that meet their specific needs.
No, there is no added preference for retired people.
Program staff use the random.org website to randomize households when there is more than one household within a preference tier.
The selection date for each home is listed on the Homes for Sale webpage listing. Selections are held virtually and are open to the public. Most selections occur at 2 p.m. If you would like to attend virtually, please contact the program.
You will receive an email notifying you of your position (1st, 2nd, 3rd, etc.) in the selection. If you do not get an email after the selection date, please contact the program.
A few days after the selection the website will be updated. The home listing will move to the Under Contract section of the Homes for Sale webpage and details about the number of households and preference tier information will be shared.
If you’re still interested in the home, you connect with your real estate agent to submit a contract to buy the home, to the seller’s agent, within 24 hours. The seller may move to the next person on the list if the offer is not submitted within 24 hours; the seller may allow more than 24 hours, but they are not required to do so.
If you are no longer interested in the home, please tell the seller’s agent. The seller’s agent will then contact the next household on the list.
Learn more about going under contract for a home.
Homes not sold after the 30-day marketing period become immediately available to qualified households. Any certified household that is below the income and asset limits for the home can make an offer.
If you qualify for the home but haven’t yet applied to the program, you may be able to skip the application waitlist and apply right away. Contact homeownership@bouldercolorado.gov to learn more about this opportunity.
