Short-Term Rental Lottery Has First Drawing in New Orleans

8/16/2023

The first drawing of the short-term rental (STR) license lottery was held in New Orleans on the morning of Aug. 14, with the lottery made necessary by the passage of new STR laws after a federal judge deemed the old rules unconstitutional. Only one short-term rental is allowed per city square under the new rules. The lottery assigns all applications for an STR in each city square to a bingo ball that is then randomly drawn, and the first ball drawn receives the first opportunity to get a license. Licenses expire in June of the following year, and winners can apply for renewal. City councilman Eugene Green said the lottery is the fairest measure New Orleans could formulate for the STR license approval process. “The bottom line is that this is the start of a process that is designed to protect our communities, our neighborhoods, while being fair to those who want to have a license," he noted.

WDSU.com (08/14/23) Eli Brand

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