#colorado #coloradorealestate
About the only town left in Summit County without a short term rental cap is Heney!
Silverthorne Town Council became the third governing body in Summit County to approve a cap on short-term rental licenses after a majority of its council members voted for the measure during a Jan. 11 meeting.
Most of the town will now be capped at 10% to 50% — meaning no more than half the housing units in any given area can be used as short-term rentals. The move came after months of public outreach and community discussion about regulating an industry that has garnered both praise and concern from property owners and local residents.
Mark Leidal, assistant town manager and community development director, said Silverthorne currently has around 302 short-term rental licenses — a slight increase from 280 last month when council members last discussed the ordinance. With the new caps in place, the town could support up to 740 licenses, which Leidal said gives the industry “plenty of room.”
