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Planning Commission - October 18, 2023 <br />Page 5 <br />B.Create a total cap on the number of single family rental licenses. As noted, this <br />count is currently at 54. A cap could be created at that number, or a limited increase <br />or decrease. If a decrease, the City would likely issue renewals until the number <br />eventually was reduced to the cap point by the market and sales to owner- <br />occupants. <br />C.Limit Licensees to no more than 4 (four) single family detached units within St. <br />Anthony. <br />Options for Geographic distribution/concentration: <br />D.1 If geographic distribution or concentration is considered an issue, the ordinance <br />could be written to allow no more than two licenses for units facing the same side of <br />any street within any block. <br />D.2 As in C.1, the City could further limit licensed rentals to no more than two <br />contiguous parcels, nor more than three licenses on any block. <br />D.3 Limit total licenses by quadrant (or other defined geographic marker) of the City, <br />such as areas north or south of 33rd Ave NE, and east or west of Silver Lake Road. <br />Each quadrant would be limited to no more than a fixed number of licensed single <br />family properties. (Currently, there are 17 licensees in the NW quadrant; 9 in the NE <br />quadrant; 10 in the SE quadrant; and 18 in the SW quadrant.) <br />This ordinance is intended to create an overall limitation, and avoid large-scale corporate <br />domination of single family unit supply, and potentially address concentration on blocks or <br />within general areas of the City. Together, the provisions are intended to support the City’s <br />goals of promoting home ownership and preserving naturally-occurring affordability within the <br />existing housing stock by limiting competition from non-resident owner-renters. <br />Short-Term Single Family Rental (AirBnB, VRBO, etc.). A separate issue often raised in the SF <br />Rental discussion is that of short-term (“Vacation”) rental. This is defined by the State of <br />Minnesota as rental periods of less than 30 days. Short-term rental is not considered a <br />residential use of property, but rather is technically a lodging use. While the State of <br />Minnesota regulations commercial lodging, they are not currently enforcing their licensing <br />provisions on short-term rental housing. <br />Many local communities have chosen to separately regulate license short-term rental housing, <br />with some communities prohibiting the use in residential zones. The latter approach is based <br />on a determination that short-term rental is a commercial lodging use, rather than a residential <br />use of property.