Our small 3 bedroom units are sold out - all other unit types are still available!
Equity households on the waiting list for a particular unit type will be ranked relative to one another according to seniority (as defined in other policies), giving preference to longer-term members.
Both associate and prospective households must be approved by the Finance Team before going on either wait list, following guidelines similar to that for Finance Team approval for equity membership.
Associate households on the waiting list for a particular unit type will be ranked according to when those households announced their intention, during a General Meeting, to be on that unit type\'s waiting list, giving preference to those who announced earlier. (If more than one household joins the list on the same day, preference will be given based on date of becoming associates)
Prospective households on the waiting list for a particular unit type will be ranked according to when those households announced their intention, during a General Meeting, to be on that unit type\'s waiting list, giving preference to those who announced earlier. (If more than one household joins the list on the same day, preference will be given based on date of first attending a meeting)
When a unit of a particular type becomes available, the Finance Team will attempt to find a compromise solution that will meet the needs of all parties. If no such compromise cannot be found, the Finance Team will determine which approach maximizes pre-sales. If maximum pre-sales would result in offering the unit to a new household, we will offer it to the first household on the list. If they decline or fail to make a decision within 2 weeks, the unit is offered to the next household on the list, and so on. However, if all approaches would result in the same number of pre-sales, preference for the unit will go to the existing equity household at the head of the the waiting list for that unit type.