I'm confused. Does this:
Q: When can I apply?
A: Applications are now open year-round, however we may have to close it temporarily if we receive too many new members.
Q:How many slots are avaliable each month?
A: The number of open slots depends on how many members leave the month prior.
Q:Doh! I just missed the voting period, what now?
A: I'm afraid you'll have to wait to the start of next month. You can apply right away if you'd like, or you can wait till it gets closer to the first.
Fixed. That first question is pretty old so I updated the answer. Hopefully it is a bit clearer now.