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Economic Analysis and Impact Study of Phasing Out Transient Vacation Rental Use in Apartment-Zoned Districts
Office of Council Services
The buyer seeks to engage a qualified contractor to conduct an economic analysis and impact study of phasing out transient vacation rental use from apartment-zoned districts in Maui County. The study will compile relevant data, analyze revenue impacts, effects on housing market and supply, and economic, environmental, and societal impacts. The contractor will propose policies to maximize housing availability and mitigate potential negative outcomes. The final deliverable will include a comprehensive report with analysis and policy proposals.
- 8/30/2024 - Due Date to Submit Questions
- 9/6/2024 - OCS's Response to Questions
- 9/24/2024 - Proposal Due Date
- 10/28/2024 - Contract Start
- 11/1/2024 - Project Kickoff Meeting
- 11/22/2024 - Draft Study Due
- 12/16/2024 - Final Study Due
- Review relevant documents and legislation
- Create list of affected apartment units with detailed information
- Analyze impact on housing supply and costs
- Determine revenue impacts to the County
- Analyze economic, environmental, and societal impacts
- Propose policies to maximize housing availability and mitigate negative outcomes
- Produce final report with analysis and policy proposals
- Present study to the Council and relevant committees
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