Rifle housing lottery set for Sept. 8 | AspenTimes.com

Rifle housing lottery set for Sept. 8

Rifle Citizen Telegram Staff
Aspen, CO Colorado

RIFLE ” Those who missed out on the first lottery drawing for Rifle’s Workforce Housing Program have another chance to submit an application by Aug. 29.

As part of the Garfield County Housing Authority, the city housing program will hold another lottery drawing for the home at 951 E. 17th St., in the North Pastures subdivision in Rifle, at 4 p.m. on Monday, Sept. 8. Qualified purchasers will be notified ahead of the date.

The sale price for the three-bedroom, 1.5 bathroom, 1,400-square foot, two-story home is $226,000. The house features a one-car garage, open family room, Berber carpet and appliances such as a washer/dryer, forced air furnace and an evaporative cooler.

A lottery was held for two attainable houses in late July, but one applicant pulled out, according to Rifle Mayor Keith Lambert.

“One party withdrew, and I don’t know why,” he said.

The remaining home, developed by the Savage Land Co. of Rifle, is back on the

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market.

Those interested in the program should complete applications with the housing authority.

Requirements include:

A maximum income of no more than $76,475 and assets (including IRS qualified retirement funds) of $100,000.

The home must be owner-occupied.

At least one member of the household must be an eligible purchaser who is a full-time resident employee within the city of Rifle or in a position with the school district, state, federal or county government within 15 miles of the city.

The application packet includes 2007 and 2006 state and federal tax returns, W-2s, pay stubs for the last three months, bank accounts, a pre-qualification letter from a financial lender, copy of a driver’s license and Social Security card or passport.

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