VRMA Administrator
A federal judge on Sept. 27 said he wanted more information on how short-term rentals (STRs) impact affordable housing and rent prices before ruling on the fate of New Orleans' latest rules governing the industry, putting off a decision in a lawsuit to early November. The judge issued a temporary restraining order on Aug. 31 blocking the city from implementing a new set of regulations that were supposed to take effect that day. The rules were challenged in a lawsuit filed by STR operators who claim the rules are unconstitutional. If the law is upheld, permits for STRs in residential areas will be limited to one-per-square-block, require operators to live on site, and prohibit corporate owners, among other provisions.
NOLA.com (09/16/23) Ben Myers
Read More - May Require Paid Subscription
