Following the growth of online rental platforms, such as AirBnB and HomeAway in recent years, the Town of Frisco is in the process of developing an ordinance specific to short-term rentals (STRs). This important effort will enhance the Town’s ability to ensure compliance, address neighborhood concerns and begin collecting the information necessary to analyze the true impacts of the STR industry in the community. The community is encouraged to get involved and provide input, as the Town develops this ordinance.
The public is invited to attend a Community Conversation on Wednesday, September 19, 2018, from 5:30 to 7:30pm, at the Frisco Adventure Park Day Lodge at 621 Recreation Way. The meeting will feature a presentation on the goals of the proposed regulations and then move into a conversation to engage participants and offer an opportunity to provide initial perspectives. Light refreshments will be provided.
Revenue Specialist Chad Most explains that, “The Town of Frisco is working diligently toward a measured approach that addresses community concerns without saddling the vast majority of responsible STR owners with needless regulation. This will be an ongoing process of implementing common sense rules and collecting additional information so that future decisions can be based on a solid foundation of fact, rather than anecdotal evidence.”
STRs can provide several economic benefits, including the provision of more lodging for overnight guests, revenues for local businesses and an additional revenue stream for property owners. STRs may also exacerbate challenges to the employee housing stock, and have adverse impacts on residential neighborhoods.
The initial goals of the eventual STR ordinance are to: ensure compliance and create a level playing field for all STR owners; reduce negative impacts of STRs on residential neighborhoods; ensure all STR owners are providing the information necessary to protect their guests’ safety and to ensure their guests act as good neighbors; and to use new data and improved communication with STR owners to adjust regulations as needed in the future, as well as to begin conversations about how to incentivize the provision of attainable, long-term employee housing.
The process to establish regulations for STRs in the Town will consist of outreach and engagement activities to provide opportunities for the community to give input throughout the duration of the effort, including several focus groups with stakeholders. Additionally, an online survey will be made available after the Community Conversation to gain substantive feedback and direction for crafting the STR ordinance from those who are unable to attend. Contact Chad Most at firstname.lastname@example.org with questions or go to FriscoGov.com.