PRESS RELEASE: Councilmember Kenyan McDuffie Unveils New Legislation to Regulate Short-Term Rental Housing Market to Ensure Housing Stock is Available for District Residents

PRESS RELEASE: Councilmember Kenyan McDuffie Unveils New Legislation to Regulate Short-Term Rental Housing Market to Ensure Housing Stock is Available for District Residents

Media Advisory
[caption id="attachment_1827" align="aligncenter" width="640"] Councilmember McDuffie, surrounded by affordable housing advocates, speaks at the introduction of the legislation.[/caption] For Immediate Release: Tuesday, January 31, 2016 Washington, DC – Today, Councilmember Kenyan R. McDuffie, Chairman of the Committee on Business and Economic Development, announced the introduction of new legislation to establish a workable regulatory framework for short-term rental housing. This legislation, drawing upon successful models from across the country, provides new penalties and increased transparency and reporting requirements to ensure residential neighborhoods are retained for the full-time residents of D.C. Under current law, hosts are required to obtain a business license designed for more traditional hospitality enterprises. This legislation creates a new type of business license specifically designed for short-term rentals. Currently, many operators do not bother to obtain licenses.  This…
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