MILFORD -- The Village of Milford Board of Trustees is proposing a moratorium for short-term rental properties.
The proposed legislation would prevent property owners in Milford from applying for short-term rental agreements.
Milford currently has a moratorium in place for short-term rentals, but because moratoriums only last for a year, that current legislation will expire on May 24.
The board held a public hearing Monday, proposing to put another year-long moratorium in place.
Milford resident Mathew Johnson has concerns that the moratorium could make property values unequal, but he also says the moratorium could be beneficial to Milford.
"They don't want it to turn into a whole village of short term rentals," Johnson said. "I think overall it'll increase the culture of the village of a small town community, and I think it will draw people to the community. They'll want to live here because it is a friendly community."
If the proposed law is approved, Milford residents who already own rental properties would be grandfathered in, and still be able to rent out their properties.
The local law would only apply to future property owners who would not be able to rent out their properties.
The proposed law has to be approved by the Secretary of State before it goes into effect.