Short Term Rental Deal: Incentives to Convert to Local Housing

What’s happening? Winter Park is participating in “Short-Term Fix” (winter Park) that offers homeowners up to $20,000 for converting their Winter Park vacation homes to housing for locals. Breckenridge is participating in  “Lease to Locals” offers short-term rental owners up to $27,000 if they ink a year-long lease with local workers.

Why is this important? Other localities are considering raising taxes on short term rentals or imposing fees on property owners who don’t live in their homes full-time.

How will this be important? It is a national issue. Tourist communities are facing housing and labor crunches.

Colorado Sun | A flurry of policy experiments in Colorado serves as “regional laboratory” for regulating, limiting short-term rentals