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The demand for available ownership units typically results in competing bids (offers) of equal priority are decided by lottery. Unit bid priorities are assigned per the parameters established in Table X of the Employee Housing Guidelines (PDF).
Once advertised, a bid period for each unit begins. The bid period ends at 4 PM on the second Wednesday following the open house. Anyone with a current Ownership Application (PDF) can submit a Bid Submission Form (PDF) for a unit, in their Category or above, to our main office in person.
We hold a lottery to select the winner among all top priority bids for each unit. Lotteries are usually scheduled to occur at noon on the Monday following the end of the bid period, unless Monday falls on a holiday. Once the winner(s) have been contacted, results are available to the public.