Newport City Council is facing increasing pressure to address the housing crisis as residents voice concerns over the rise of short-term rentals. During the regular meeting on May 22, 2024, local resident Amy Machado urged the council to consider implementing regulations similar to New York City's Local Law 18, which restricts short-term rentals to a minimum stay of 20 days unless the host resides in the unit. Machado highlighted the urgent need for an emergency moratorium on new short-term rentals, citing a significant increase in registrations that exacerbate the housing shortage.
Machado expressed frustration over the actions of certain real estate agents who have converted affordable housing into short-term rentals, effectively reducing the inventory available for residents. She specifically called out two agents for their recent purchases and subsequent changes to rental agreements that she believes undermine the intent of existing housing regulations.
In a more positive note, Machado thanked Councilwoman Lynn Underwood Seggley for her assistance in resolving a neighborhood dispute involving excessive outdoor lighting, which had disrupted the peace in her community. This acknowledgment reflects the council's role in addressing not only housing issues but also quality of life concerns for residents.
The meeting also included procedural adjustments, with a motion to reorder the agenda, indicating the council's ongoing efforts to manage its discussions effectively. As Newport grapples with these pressing housing challenges, the council's next steps will be crucial in shaping the future of the city's residential landscape.