STR Summary Slides Jan-Oct 2020 Slides have previously been presented to Joint Committee in meetings throughout 2020. Some slides may not be current based on changes to the proposal. These slides are being 1 shared for reference, and most current proposal can be found in upcoming Planning Commission agenda.
Table of Contents p. 2: Background & Original STR Proposal p. 9: Data on Short-Term Rentals in Burlington p. 15: “STR Scenarios” used for Committee Discussions p. 23: Previous Joint Committee Topics - Host Primary Residence (p. 24) - Housing Replacement (p. 28) - Housing Trust Fund (p. 29) - Implementing New Regulations (p. 30) - Existing STRs without Permits (p. 31) - “Revoking” Permits (p. 32) Slides have previously been presented to Joint Committee in meetings throughout 2020. Some slides may not be current based on changes to the proposal. These 2 slides are being shared for reference, and most current proposal can be found in upcoming Planning Commission agenda.
and expand permanently affordable earn greater income for Burlington that “creates tiers for different types of [STRs] and disincentivizes the most impactful uses…by: benefits the Burlington economy…” can be converted for [STR] purposes and homeowners, and contributing to the city’s efforts to preserve Per Oct 2019 Council Resolution, a framework housing, while also STR Policy Goals • limiting the number of housing units that • ensuring that those conversions are • preserving some flexibility and ability to • recognizing that some supply of [STRs] Slides have previously been presented to Joint Committee in meetings throughout 2020. Some slides may not be current based on changes to the proposal. These 3 slides are being shared for reference, and most current proposal can be found in upcoming Planning Commission agenda.
What We Heard: whole unit. affordable housing. Consider ways STR’s might support Consider neighborhood impacts. Consider ways to limit number & location. Different standards for different types and areas – not one size fits all. Encourage partial unit STR’s rather than Encourage or require owner-occupancy. minimum housing). Establish standards for STR’s (zoning & Housing Summit 2019 RE: STRs • • • • • • • Slides have previously been presented to Joint Committee in meetings throughout 2020. Some slides may not be current based on changes to the proposal. These 4 slides are being shared for reference, and most current proposal can be found in upcoming Planning Commission agenda .
We’ve have heard a lot of very different opinions; key is to find balance between a legal pathway STR’s and “Temporary Use” standards Continue to apply “Housing Replacement” Consider Zoning, Rental Registration & except for some situations for these rentals, while limiting the burden on the city’s housing stock. Require minimum housing inspection, Require annual rental registration for rooms-within-a- unit STR’s Distinguish between whole-unit and Minimum Housing Code requirements Proposed Framework (original) • • • Impacts Standards Benefits • • Slides have previously been presented to Joint Committee in meetings throughout 2020. Some slides may not be current based on changes to the proposal. These 5 slides are being shared for reference, and most current proposal can be found in upcoming Planning Commission agenda.
Proposed Zoning Policy: residential districts flexibility for hosts to earn income and benefits to Burlington economy. conversions contribute to efforts to preserve & expand affordable housing, while allowing some Policy intends to limit the number of housing units converted to STR, ensure that those rooms within an owner-occupied home inspection exemption for rental of one or two Continue existing minimum housing as a rental (pay applicable taxes), and register annually All units required to register as a business owner/association permission Allow tenants as hosts, with Other Regulatory Considerations: One parking space per rented bedroom in are permitted, 3+ are Conditional Use Revise “bed & breakfast” definition to recognize this type of STR Property must be host’s primary residence In residential zones, up to 2 rented rooms permitted In mixed-use zones, up to 5 rented rooms Proposal: Rooms within a Unit • • • • • • • • Slides have previously been presented to Joint Committee in meetings throughout 2020. Some slides may not be current based on changes to the proposal. These 6 slides are being shared for reference, and most current proposal can be found in upcoming Planning Commission agenda.
Proposed Zoning Policy: Buildings with 4+ STR considered a Hotel & permitted as an STR from requirement if unit is originally created housing units converted to STRs; exempt Continue to apply Housing Replacement to Require minimum housing inspection as a rental (pay applicable taxes), and register annually All units required to register as a business owner/association permission Allow tenants as hosts, with Other Regulatory Considerations: residential districts One parking space per rented unit in Upper limit of 3 or 5% of total dwelling units on a property, whichever is greater 3 STR in bldgs. with 6+ units Use in residential zones Create new “whole unit short term rental” definition, considered a non-residential use 2 STR in bldgs. with 4-5 units Property where the STR is located must be 1 STR in bldgs. with 1-3 units (including ADUs) the host’s primary residence Limit # of rentals based on size of building: Permitted in mixed-use zones, Conditional Proposal: Whole Unit Rentals • • • • • • • • • • • • • • Slides have previously been presented to Joint Committee in meetings throughout 2020. Some slides may not be current based on changes to the proposal. These 7 slides are being shared for reference, and most current proposal can be found in upcoming Planning Commission agenda .
What is in place already that remains unchanged in this permitted short-term rentals have complied) housing is converted to commercial use Zoning requirements for housing replacement, when from permitting requirements proposal? Zoning has“temporary use” provisions, which exempt Zoning standards for Bed & Breakfast (to which (some platforms remit on behalf of hosts) City & State rooms & meals tax required of hosts Existing Regulations • • • • Slides have previously been presented to Joint Committee in meetings throughout 2020. Some slides may not be current based on changes to the proposal. These 8 slides are being shared for reference, and most current proposal can be found in upcoming Planning Commission agenda.
whole or part to guests for stays of 30 days or less. Short-term rentals are dwelling units rented in number of permits issued provided by Department of Permitting & Inspections. Short-Term Rentals, Burlington July 2020 Map and data on number of STR’s in Burlington provided by HostCompliance. Data on Background on STR’s in Burlington 450 450 400 400 350 350 300 300 250 250 200 200 150 150 100 100 50 50 0 0 Permit Status Listings Whole Dwelling Partial Dwelling Permitted Unpermitted Slides have previously been presented to Joint Committee in meetings throughout 2020. Some slides may not be current based on changes to the proposal. These 9 slides are being shared for reference, and most current proposal can be found in upcoming Planning Commission agenda .
29% % of STRs, Unit Type 71% 2020 2019 2018 Growth in STR Listings in Burlington Rentals Data in charts/graphics on slide provided by Host Compliance. Total Whole Unit Partial Unit Update: Whole Unit STR’s increased from 67% to 71% in the last year. 55% 45% % STRs, Property Type Update: Single-Family properties July 2019 Median Nightly Rate in BTV is $129, from $119 in decreased from 58% to 55% in July. Sept 2020 Data from Host Compliance: $2,700 in 2019. Avg. monthly revenue for a STR in Burlington was Burlington was #1 destination in VT, summer 2019 2019 report by AirBnB: listings has varied from 405 to 420 listings between June – Sept. 2020 Background on STR’s in Burlington • • 450 400 350 300 • 250 200 150 100 50 0 Single-Family Multi-Family 10
STR’s currently being advertised for rent, whether booked or available. Map and data on number of STR’s in Burlington provided by HostCompliance. Active Listings Controls for duplicate listings Unique Properties: May duplicate portion(s) of other listings available across all platforms All rental advertisements that are Listings: Varying approaches to renting in 2020 may impact ongoing variation in “active” listings, frequency of rentals Short-Term Rentals by Ward Jan. 2020 Background on STR’s in Burlington • 100 90 • 80 70 60 50 • 40 30 20 10 • 0 Ward 1 Ward 2 Ward 3 Ward 4 Ward 5 Ward 6 Ward 7 Ward 8 Listings Unique Properties Slides have previously been presented to Joint Committee in meetings throughout 2020. Some slides may not be current based on changes to the proposal. These 11 slides are being shared for reference, and most current proposal can be found in upcoming Planning Commission agenda.
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