The push to adopt new rules for short-term rentals has some Lafayette neighborhoods concerned about the fallout of a plan that threatens to shift the operations to lower-income parts of the city.
With confirmations of leases running around 90%, no one wants their daughter or son to lose out in what some see as a musical chairs competition for housing.
Source: The Advocate
Short-term rental owners again pressed the council appoint a task force to discuss the matter and develop regulations that would address problems and concerns while not outlawing short-term rentals in residential areas.
Source: The Advocate
Figures on how many short-term rentals there are in Lafayette are hard to come by. Here’s what we know.
People leave for life and love. Mostly, they leave for jobs. Wherever they are, they stay in touch.
Dozens of short-term rental operators are opposed to a pair of plans before the City Council that they say could put them out of business.
Communities across the country are at risk of losing nearly 200,000 affordable units over the next few years, as the developers of those apartments will have the option to convert their properties to market rate.
Source: nola.com
With few eligibility requirements, the program is first-come, first-serve. Critics say the grants should prioritize need.
Neighbors say they need help handling a rise in people living on the street. Top Lafayette police brass say they do, too.
The legislation, known as NFIP-RE Act of 2023, would limit price increases to a 9% hike, down from an 18% hike. It would also help out low- and moderate-income homeowners and renters struggling to afford flood insurance, and forgive interest payments on the debt that FEMA has accumulated because flood insurance revenues have been nowhere near enough to pay for damages incurred.
Source: The Advocate
Two years after a local agency stepped in to fund necessary sewer capacity upgrades in Downtown Lafayette, another fix is needed and a new plan is in the works.
The Louisiana Fortify Homes Program will offer grants of up to $10,000 for eligible homeowners to retrofit their roofs.
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