City Council votes to update short-term rental regulations
New rules apply to short-term rentals in Louisville. The Louisville Metro Council recently voted unanimously to approve changes to the ordinance. The new rules include increasing registration fees from $100 to $250 and requiring someone to live on the property for at least six months before applying for a short-term rental property for the owner. Councilman Jecorey Arthur represents District 4, which includes the neighborhoods of Butchertown, Clifton Heights and Phoenix Hill. During the Sept. 14 council meeting, he said he dedicated his “yes” vote to his residents. “These neighborhoods have been overwhelmingly negatively impacted by short-term rentals,” he said during the meeting. Councilman Ben Reno-Weber says the city council wants to prevent what has happened in other cities. “Real estate values in Nashville have skyrocketed in part because people are competing to buy homes in neighborhoods where one of those homes says, ‘I want to live here,’ and one of those homes says, ‘I want a tourist-oriented one.’ “If you’re not in a commercial area and it’s not your primary residence, you have to apply for a CUP. “If you don’t live there and trying to operate a commercial hotel in a location that isn’t zoned for a commercial hotel, we’ve made it difficult for you,” he said. “What we’re really trying to do is protect the neighbors from investors coming in and Buying up property,” he added. “That’s why we’ve added some restrictions on residential zoning and tightened the restrictions on exemptions from residential zoning, but fundamentally you can have the greatest freedom in short-term rentals on your own property if you live there. Jonathan Klunk says he and his husband were the early adopters of short-term rentals. They are now active in the real estate sector and help with the purchase and sale of short-term properties. “A lot of people who want to buy in Louisville have specific reasons for doing so,” Klunk said. “They have family here, they have business contacts, horse racing or bourbon, and they actually come into town and use it, and so, again, it’s not going to make sense for them to buy a house in Louisville to use a house.” a few times a year when they don’t have the opportunity to do anything with it when it’s not there.” Reno-Weber says short-term leases already registered with the city will be covered for everything.
New rules apply to short-term rentals in Louisville.
The Louisville Metro Council recently voted unanimously to approve changes to the ordinance.
The new rules include increasing registration fees from $100 to $250 and requiring someone to live on the property for at least six months before applying for a short-term home rental.
Councilman Jecorey Arthur represents District 4, which includes the neighborhoods of Butchertown, Clifton Heights and Phoenix Hill.
During the Sept. 14 council meeting, he said he dedicated his “yes” vote to his residents.
“These neighborhoods have been overwhelmingly negatively impacted by short-term rentals,” he said during the meeting.
Councilman Ben Reno-Weber says the city council wants to prevent what has happened in other cities.
“Real estate values in Nashville have skyrocketed in part because people are competing to buy homes in neighborhoods where one of those homes says, ‘I want to live here,’ and one of those homes says, ‘I want a tourist-oriented one.’ “Operate a oriented hotel.” “” he said.
He says they certainly want this investment in commercial corridors.
If you are not in a commercial area and it is not your primary residence, you must apply for a CUP.
“If you don’t live there and you’re trying to operate a commercial hotel in a place that’s not zoned for a commercial hotel, we’ve made it difficult for you,” he said.
“What we’re really trying to do is protect the neighbors from investors coming in and buying up properties,” he added. “That’s why we’ve added some restrictions on residential zoning and tightened restrictions on exceptions to residential zoning, but essentially you have the most freedom to short-term rental on your own property if you live there.”
Jonathan Klunk says he and his husband were early adopters of short-term rentals.
They are now active in the real estate sector and help with the purchase and sale of short-term properties.
“A lot of people who want to buy in Louisville have specific reasons for doing so,” Klunk said. “They have family here, they have business contacts, horse racing or bourbon, and they actually come into town and use it, and so, again, it’s not going to make sense for them to buy a house in Louisville to use a house.” a few times a year when they don’t have the opportunity to do something with it when it’s not there.”
Reno-Weber says short-term rentals already registered with the city will be covered for everything.
