Anyone with kids in Moody Honors Dorm? How does housing all work in the end?

Hi! We’re awaiting notification on Moody Honors and just read that honors dorms are NOT guaranteed. Ugh. That is something we’re wanting as we also wait on other school acceptances in order to compare apples to apples. When do they find out if they get into the Honors Dorms? Is this yet ANOTHER step in the process only AFTER acceptance of admittance?? TIA