Amy Machado urges Newport City Council for short term rental regulation and emergency moratorium

During the Newport City Council Regular Meeting on May 22, 2024, housing concerns took center stage as community member Amy Machado addressed the ongoing housing crisis in Newport. Machado urged the council to consider implementing short-term rental regulations similar to those in New York City, specifically referencing Local Law 18, which restricts short-term rentals to a minimum stay of 20 days unless the host resides in the unit with the guests.

Machado highlighted the alarming increase in short-term rentals in Newport, calling for an emergency moratorium on new registrations regardless of zoning. She expressed frustration over the lack of effective measures to combat the housing shortage, stating that without stronger regulations, the community's situation would only worsen. Her passionate plea emphasized the urgency of the crisis, suggesting that those contributing to the problem should feel a sense of shame for their actions.

In her remarks, Machado pointed to specific real estate agents who have transitioned affordable housing into short-term rentals, illustrating the impact of these decisions on the community. She cited instances where properties previously used for affordable multifamily rentals were converted into high-priced monthly rentals, further exacerbating the housing shortage.

The discussions during the meeting reflect a growing concern among residents about the sustainability of housing in Newport. As the city grapples with increasing demand for housing, the council's response to these calls for regulation will be crucial in shaping the future of the community's housing landscape. The meeting underscored the need for immediate action to address the crisis and protect the availability of affordable housing for residents.