DC Council Requests Zoning Change to Reflect Reality of Short-Term Rentals
✉️ Want to forward this article? Click here.
In the midst of debate last week regarding a bill on short-term rental regulations, DC Council Chair Phil Mendelson shared the Council's plans to request that the Zoning Commission amend the zoning code to permit short-term rentals in residential zones. That letter has now been submitted.
"The Chief Financial Officer [CFO] estimates that bill 22-92 will cost $23-25 million annually in lost revenue," the letter states. "Some of this loss is due to other restrictions in the bill before the Council. But 80-90 percent of it is due to Zoning prohibitions on homesharing by homeowners. It is imperative — both to the city's finances and the need for a viable regulatory scheme, that the Zoning Regulations be revised."
story continues below
loading...story continues above
The zoning issue has been raised intermittently throughout the debate over short-term rental regulations in DC, with Greater Greater Washington pointing out that enforcement of the zoning regulations triggered by passage of the bill would precipitate a much larger impact on the market than the substance of the bill itself.
The Department of Consumer and Regulatory Affairs (DCRA) would be tasked with oversight of the city's home-sharing market if the bill passes. DCRA would not be able to issue licenses legitimizing short-term rentals in residential zones because it is not permitted under the current zoning regulations.
Every Councilmember signed the letter, which will be considered by the Zoning Commission early next week.
See other articles related to: dc council, short-term rental, zoning, zoning changes, zoning code, zoning commission
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/dc-council-requests-zoning-changes-to-reflect-reality-of-short-term-rentals/14613.
Most Popular... This Week • Last 30 Days • Ever
Plans to convert a downtown DC office building into a large apartment project continu... read »
Another missing middle development has been proposed along Brookland's main throughfa... read »
Maybe it was falling interest rates or perhaps more homes hitting the market, but buy... read »
Kite House at The Parks at Walter Reed sold seven residences in September alone. The ... read »
A look at the many reasons that prospective homebuyers seeing varying quotes for a 30... read »
- 400-Unit Office-To-Residential Conversion Pitched in DC's West End Heads To BZA
- From One Home to 9 Apartments Along Brookland's Main Drag
- September Surge? Home Sales Pick Up In DC Area, But It May Not Last
- A No Down Payment Assistance Program at Kite House, DC’s Best Selling Condominium
- Why Am I Seeing Different Rates For A 30-Year Mortgage?
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro