This program is funded by and overseen by Summit County and provides property owners generous cash incentives to convert their short-term rentals into seasonal and long-term rentals

*Effective 9/15/23: We are currently not accepting any new Lease to Locals property owner applications

1. The property must be located in Unincorporated Summit County
2. The property must be a legally licensed short-term rental unit prior to 5/24/2022, and it must be in good standing.
3. The property must be an active short-term rental converting into a new longer-term rental.
4. The applicant must be the owner of the property or legally represent the owner or ownership group.

1. Leases can either be seasonal (6-12 months) or long-term (12+ months)
2. Leases are not permitted to end between November 1 —March 31
3. Rental rates are subject to rent maximums based on the unit size (see below)

1. Tenant Breaks Lease: If a tenant breaks the lease early, they can be replaced with new tenants and the homeowner can receive the second incentive payment. If the homeowner do not replace the tenants within 60 days of the original tenants moving out, the homeowner will be disqualified from receiving the second installment but will not be required to pay back the first installment.
   
2. Change of Ownership: If a homeowner sells the property during the lease period, the selling homeowner is disqualified from the program & must return all incentive funds to Summit County Housing Department. The new owners can potentially qualify for the incentive program if they rent to the existing tenants for a minimum of 6-months.  
3. Failure to Comply with Lease: If the homeowner does not meet lease agreements at the midway & final mark, we will work with the homeowner to rectify the situation. If an agreement cannot be reached, the homeowner will be disqualified from receiving the second installment but will not be required to pay back the first installment.
   
   

All Tenants must complete an Employment Verification form and must be working at least 30 hours per week for an employer based in and serving Summit County.

For 2 bedrooms or larger units: The number of Tenants must be equal or greater to the number of bedrooms. The program will make reasonable accommodation to the workforce requirements for those who are disabled, children, or caretakers.

First create a renter profile with Placemate. Once we have that information on file we can send you prospective properties that fit your criteria.

Incentive payments are considered taxable income and property owners are required to completed a w9 as part of the application process. The County will issue 50% of the incentive payment to participating property owners approximately 60 days after the lease’s execution date. A second installment of the 50% owner incentive will be issued at the close of the lease, pending compliance checks of the executed lease agreement.