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KC apartments backed by incentives, caps numbers of units at 12.5% (www.bizjournals.com)

The city's new policies place a 12.5% cap on how many of an apartment building's total units can be permitted for short-term rental, down from the previous 25%. It also prohibits new short-term rental permits for units that are in incentive-receiving properties and not occupied by a long-term resident. And it requires short-term...

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