Update on Summit County Short Term Rental Moratorium from Summit Association of Realtors Executive Director. For updates on Breckenridge Short Term Rental Restriction Please see my prior blog post or inquire to me. 

-Tucker Zimmerman

 

 

Here’s an update on the County’s emergency short-term rental license moratorium proposal:

 

  1. The emergency moratorium would disallow any new short-term rental licenses for twelve weeks, effective Tuesday, September 14th.
  2. The moratorium applies to unincorporated Summit County, but the County has exempted Keystone and Copper Mountain because these areas are designed for STR’s as tourism areas. Breckenridge, Blue River, Frisco, Dillon, and Silverthorne do not fall within the County’s jurisdiction, so this does not apply to them.
  3. The moratorium intends to allow an overwhelmed staff to get caught up in processing nearly 75 applications for licenses per week, almost 1000 since January.
  4. At the same time, the County is working on multi-faceted incentives and housing programs to help address housing issues that they hope to roll out by mid-October. This includes cash incentives to owners in areas such as Dillon Valley and Wildernest that they believe should serve as locals housing, to convert from STR to long-term rentals. It also includes allowing accessory dwelling units in areas where they aren’t currently allowed or incentivizing ADU’s to become long-term rentals with deed restrictions. These are just a few of their ideas.

 

SAR has asked that the County consider allowing properties already under contract the ability to apply for a license during the moratorium. We have also asked that spec homes/new developments under construction be allowed to apply for licenses. Finally, we have requested that properties that have STR reservations/rental contracts through the winter months be allowed to honor those contracts. We have asked the same to the Town of Breckenridge.

 

To learn more, sign up to come to SAR’s Pizza & Politics on Friday, September 10th, from 11:30 am-1:30 pm to hear from County Commissioners Tamara Pogue and Josh Blanchard. We encourage you to bring your words of opposition or support, and ideas for them to consider.  Free Pizza lunch at SAR.

 

If you have any questions or comments, please feel free to reach out to the County Commissioners directly or to the SAR Board of Directors, Brian Bernardoni, our Government Affairs/Public Policy Director, or myself.