The Short-Term Rental Regulation and Affordable Housing Protection Act regulates short-term rentals, such as Airbnb rentals, in the following ways:
- Investment properties are ineligible for short-term rental (this keeps them open for long-term tenants, addressing DC’s affordable housing crisis).
- Primary residences are eligible for short-term rental under the following conditions:
- Residents renting out a room of the house they currently live in may do so for 365 days out of the year.
- Owners renting out their entire home may only do so for 90 days in any calendar year, unless they’re granted an exemption.
These parameters strike a balance between serving short-term visitors and tourists and fulfilling the housing needs of DC residents. Because investors are prohibited from using their properties as short-term rentals, it increases the likelihood that investors’ rentals will go to permanent DC residents. The DC Department of Consumer and Regulatory Affairs (DCRA) monitors and investigates short-term rentals to ensure compliance with this law, as well as compliance in areas such as zoning regulations, building codes, health codes, and housing codes. In addition, DCRA keeps records and statistics on licensed short-term rental activity.
Savvy investors in DC know that most condo and coop buildings already have restrictions in place requiring that leases run for a minimum number of months, typically at least six months, in order to control the short term rentals with companies such as Air BnB. Now fee simple owners are finding themselves subject to similar restrictions.
If you have any additional questions concerning renting your home on a short term basis, please call the Lise Howe Group at 240-401-5577 or email us at email@example.com. The Lise Howe Group is licensed in DC, Maryland and Virginia.