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Citi needs to register with BACP to launch a new portal for share house hosts and rent through services such as Airbnb – CBS Chicago

Chicago (CBS) — Chicago’s Business Issues and Consumer Protection Agency launched on Tuesday New online portal To process share house registrations such as Airbnb and HomeAway.

Under the new system, share house hosts must submit a registration application directly to BACP for approval before listing the share house.

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“For the past four years, we have been working tirelessly to monitor the evolving share house industry within the limits of previous regulations,” BACP Commissioner Rosa Escalenho said in a news release. “This reform. Regulations and new portals can modernize processes, improve host registration data, and strengthen the city’s ability to hold problematic actors accountable while maintaining key innovations for the industry. I will. “

In September 2020, the city council passed the Lori Lightfoot Mayor’s Condominium Reform Ordinance aimed at increasing safety and accountability. Some of the ordinances come into force in the fall and include a ban on overnight rentals and a stronger BACP enforcement authority.

“The home-sharing industry is an important part of our city, but to date, our ability to guarantee responsible operation has been limited,” says Ald. Emma Mitz, 37, Chairman of the Licensing and Consumer Protection Commission, said in the release: “This new portal will finally give Chicago the lead in powerful and groundbreaking regulations that keep it safe, protect its population and keep innovation within the industry.”

Prior to the portal launch, the shared home host sent registrations directly to Airbnb, HomeAway, and other businesses. We then sent the information to BACP every two weeks. As a result, the data is incomplete and there is a lack of identifying information to support enforcement in problem areas, BACP said.

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The new rules require applicants to submit their information to BACP and submit a registration fee of $ 125.

Also, prior to the new rules, share house hosts were allowed to list and rent units on services such as Airbnb before getting BACP approval. This will no longer be allowed.

Also starting Tuesday, apartments will pay a gradual license fee based on the size of the platform. Previously it was a flat rate of $ 10,000 per year, but now intermediaries with 1 to 499 units pay only $ 5,000 per year, intermediaries with 500 to 999 units pay $ 7,500, and more than 1,000 intermediaries. Pays $ 10,000.

“This portal and the newly enacted ordinance bring about the coveted changes. For too long, the community has suffered from uncontrollable’party houses’ throughout my ward and city.” And Ald. Co-sponsor of the Reform Ordinance, Michele Smith (43 days), said in the release: “Chicago residents will benefit from a new system that enhances oversight of the share house industry and improves the quality of life for Chicago as a whole.”

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It will be used by over 6,900 sharehouse hosts in Chicago. New portal Renew your registration when your current registration expires.

Citi needs to register with BACP to launch a new portal for share house hosts and rent through services such as Airbnb – CBS Chicago

Source link Citi needs to register with BACP to launch a new portal for share house hosts and rent through services such as Airbnb – CBS Chicago

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