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Council reviews rental‑registration plan and limits on corporate ownership of single‑family homes
Summary
A staff proposal would require web‑based registration for long‑term single‑family rentals, license entities owning 10+ units, and create a 'single‑family rental community' zoning path with ownership caps (draft language proposes a 25% common‑owner cap and up to 50% within a specially approved community). Council raised implementation, market and enforcement questions and asked staff to refine definitions and registration mechanics.
At a lengthy Feb. 10 council workshop, Kevin Wheelock presented a comprehensive proposal to regulate long‑term single‑family rentals through a web‑based registration system, a licensing requirement for large operators and a new conditional‑use option for single‑family rental communities.
The draft has three linked pieces: a rental‑registration database to track owners and managers; a 'large operator' license for entities owning 10 or more single‑family rental units in the city; and a zoning path…
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