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No-Ganache7168 t1_j9qrp6a wrote

Reply to comment by 1T-Nerd in Senate panel advances major housing bill, overhauling municipal zoning and Act 250 by DaddyBobMN

What’s more, there is nothing stopping developers from catering to the STR crowd. They could build smaller, cheaper homes in neighborhoods and rent them out.

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1T-Nerd t1_j9qte1r wrote

Hadn't even considered that as a potential opportunity. So to follow that thought trend: I'm a developer who (qualifications for these state funded grants not yet known based on the linked article alone) gets state funding and re-zones a 5 acre swatch of farm land into multiple 2,480 square foot homes (median home size in the U.S according to Google). As it stands now nothing would stop me from turning this into a multi-unit STR community.

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This all really feeds back into my original thought which was what will the gatekeeping be to qualify for these subsidies from a developer perspective and measures to lock out these becoming STR immediately.

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