Fishers to cap number of new rentals that can be made available within city subdivisions

Fishers to cap number of new rentals that can be made available within city subdivisions

FISHERS, Ind. — The Fishers City Council passed a controversial ordinance that will allow officials to cap the number of properties that can be turned into rentals within city limits. Ordinance 022425A passed unanimously during a city council meeting on Monday night. Mayor Scott Fadness, who backed the legislation, released a statement after the ordinance was passed. "Tonight, our city council, with bipartisan and unanimous support, took a major…

MIBOR responds to Fishers City Council’s approval of rental cap

Submitted by MIBOR On Monday, the Fishers City Council voted to approve the rental cap ordinance. “We are disappointed by the Fishers City Council’s decision to approve the rental registry and rental cap ordinance,” MIBOR CEO Shelley Specchio said. “MIBOR stands firmly in protection of private property rights. This overreach sets a troubling precedent: local government deciding who can live in a neighborhood, and under what conditions. It is also

Debate continues on 10% rental home cap, per subdivision, in Fishers

In my years of covering news in Fishers and sharing it on this blog, only a handful of issues have generated as much buzz—both inside and outside the city—as the one coming before the City Council Monday night. The Council is set to hold a public hearing on what’s quickly becoming Fishers’ latest controversy. The meeting begins at 7 p.m. at City Hall, though the public hearing is scheduled near the end of the agenda. Mayor Scott Fadness is propo…