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40/60 Condominium Lottery

By November 21, 2014, 146,892 people would have sufficient savings.
300 three-bedroom homes will be up for grabs in the lottery for 2005 registrations.
To be eligible for the lottery draw, participants must have saved up 60 months’ worth of payments for 20/80 one- and two-bedroom condominium flats. For 2005 three-bedroom apartments, registrants are required to save 60 months’ worth of payments.
Up until Yekatit 21, 2014, those who saved 40% or more will be eligible for the 40/60 lottery draw.
There will be 93,352 participants in the 20/80 lottery draw and 53,540 in the 40/60 program.

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