Our lodger is also in the 1058 people. I'd thought getting to Phase 2 was simply a case of weeding out the obvious joke applications and crazies, but to have gotten rid of 98% of applicants suggests otherwise, unless there really are very few people willing to go.
I am very skeptical this will ever get off the ground metaphorically, let alone literally. I am waiting for them to announce selected applicants will need to bring funding of $250k each or something like that.