News Flash

Summit County Government

Posted on: October 13, 2021

Lease to Locals Housing Incentive Program Launches in Summit County

Lease to Locals Young couple

Property owners invited to take advantage of up to $24,000 to convert their short-term rentals to longer-term rentals for the local workforce

Press Contact: Colin Frolich, (415) 250-5306

SUMMIT COUNTY, COLO. (Oct 13, 2021) — Summit County and the Town of Breckenridge today announced their partnership on a pilot incentive program to create new workforce rental-housing opportunities for the upcoming season. 

The program, called Lease to Locals, will provide property managers and property owners with generous cash incentives to convert their short-term rentals into seasonal and long-term rentals. Launching on October 15, 2021, the incentive program will be administered by Landing Locals, a Truckee, Calif.-based startup specializing in mountain-community workforce housing.

By 2023, the county is projected to be nearly 2,600 rental units short of what is needed to house local workers. The goal of the Lease to Locals pilot program is to convert some of the existing short-term rental inventory to longer-term rentals for the local workforce to help address the critical shortage in workforce housing.

“The Lease to Locals pilot program is an important component of our overall housing strategy to meet the need for affordable housing in the county,” said Commissioner Tamara Pogue. “We know this is a problem that we cannot build our way out of. Our hope is that through a collaborative effort with our community members and homeowners, we can make a positive impact on workforce housing availability in time for the winter season.”

Program details

To qualify for the Lease to Locals incentive program, a property must be located in unincorporated Summit County or the Town of Breckenridge and must be a legally licensed short-term rental unit. 

Property owners will need to submit an application, sign a lease with qualifying tenants, and undergo lease checks to ensure they are in compliance. Qualifying tenants are required to work at least 30 hours per week for an employer based in Summit County. 

In an effort to accelerate the program ahead of the winter season, incentive payments will be highest in the initial 45 days of the program. For leases signed on or before December 1, property owners can earn up to $13,000 for a seasonal lease and up to $24,000 for a long-term lease. 

Property managers can earn up to $2,700 per unit in addition to what the property owner receives. There are also additional incentives worth up to $40,000 for property managers who refer multiple units.

“The Town of Breckenridge is excited to partner with Summit County on this pilot incentive program,” said Laurie Best, Town of Breckenridge Housing Manager. “We believe there are many rental properties throughout Summit County that are well-suited for workforce and we hope these incentives will encourage property owners and property managers to consider leasing to a local.”

The goal of the pilot program is to convert up to 100 units this winter and build on the program for summer 2022.

To learn more about the Lease to Locals program or to apply for an incentive payment, visit LeaseToLocals.co or call (970) 406-4519.

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About Landing Locals

Landing Locals was founded in March 2019 in Truckee, Calif. with a mission to unlock new rentals for local employees in resort towns. They work with property owners who have underutilized vacation homes or short-term rentals and connect them with tenants in need of housing through their trusted platform. In late 2020, they expanded their business to build and administer incentive programs to further bolster housing access for locals, partnering with local governments in California and Colorado.

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El Programa de Alquiler a los Locales Comienza en el Condado de Summit

Se les invita a los dueños de propiedades que tomen ventaja de hasta $24,000 para convertir sus alquileres a corto plazo en alquileres a largo plazo para la fuerza laboral local

Contacto con la Prensa: Colin Frolich (415) 250-5306

 CONDADO DE SUMMIT, CO (13 de octubre del 2021) - El condado de Summit y la ciudad de Breckenridge anunciaron hoy su asociación en un programa piloto de incentivos para crear nuevas oportunidades de viviendas de alquiler para la fuerza laboral para la próxima temporada. 

El programa, llamado Lease to Locals, proporcionará a los administradores de propiedades y dueños de propiedades generosos incentivos en efectivo para convertir sus alquileres a corto plazo en alquileres de temporada y de largo plazo. El programa de incentivos, que comenzará el 15 de octubre del 2021, será administrado por Landing Locals, Truckee, un emprendimiento con sede en Truckee, California que se especializa en viviendas para la fuerza laboral de las comunidades de la montaña.

Para el 2023, se proyecta que el condado tendrá casi 2,600 unidades de alquiler por debajo de lo que se necesita para albergar a los trabajadores locales. El objetivo del programa piloto Lease to Locals es convertir parte del inventario de alquiler a corto plazo existente en alquileres a más largo plazo para la fuerza laboral local a fin de ayudar a abordar la escasez crítica de viviendas para la fuerza laboral.

“El programa piloto de alquiler a Locales es un componente importante de nuestra estrategia general de vivienda para satisfacer la necesidad de viviendas de menos costo en el condado”, dijo la comisionada Tamara Pogue. “Sabemos que este es un problema del que no podemos salir. Nuestra esperanza es que a través de un esfuerzo de colaboración con los miembros de nuestra comunidad y los dueños de viviendas, podamos tener un impacto positivo en la disponibilidad de viviendas para la fuerza laboral a tiempo para la temporada de invierno ”.

Detalles del Programa

Para calificar para el programa de incentivos de alquiler a locales, una propiedad debe estar ubicada en el condado no incorporado de Summit o la ciudad de Breckenridge y debe ser una unidad de alquiler a corto plazo con licencia legal. 

Los propietarios deberán presentar una solicitud, firmar un contrato de alquiler con los inquilinos que califiquen y someterse a controles de alquiler para asegurarse de que este en cumplimiento. Los inquilinos que califiquen deben trabajar al menos 30 horas por semana para un empleador con sede en el condado de Summit.

En un esfuerzo por acelerar el programa antes de la temporada de invierno, los pagos de incentivos serán mas altos en los primeros 45 días del programa. Para los contratos de alquiler firmados el 1 de diciembre o antes, los propietarios pueden ganar hasta $13,000 por un contrato de temporada y hasta $24,000 por un contrato de alquiler a largo plazo. 

Los administradores de propiedades pueden ganar hasta $ 2,700 por unidad además de lo que recibe el dueño de la propiedad. También hay incentivos adicionales con un valor de hasta $40,000 para los administradores de propiedades que refieran varias unidades.

“La ciudad de Breckenridge esta emocionada de asociarse con el Condado de Summit en este programa piloto de incentivo” dijo Lauri Best,  directora de Vivienda de la ciudad de Breckenridge. “Creemos que hay varias propiedades de renta por todo el Condado de Summit que son idóneas para la fuerza laboral y esperamos que estos incentivos alienten a los administradores de propiedades a considerar el alquilarle a un local.” 

El objetivo del programa piloto es convertir hasta 100 unidades este invierno y aprovechar el programa para el verano del 2022.

Para obtener más información sobre el programa Lease to Locals o para solicitar un pago de incentivo, visite LeaseToLocals.co o llame al (970) 406-4519.

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Acerca de Landing Locals

Landing Locals se fundó en marzo del 2019 en Truckee, California con la misión de desbloquear nuevos alquileres para empleados locales en ciudades turísticas. Trabajan con propietarios que utilizan poco sus  casas de vacaciones o alquileres a corto plazo y los conectan con inquilinos que necesitan vivienda a través de su plataforma confiable. A finales del 2020, expandieron su negocio para construir y administrar programas de incentivos para reforzar aún mas el acceso a la vivienda para los locales, asociándose con los gobiernos locales en California y Colorado.

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