Sedona renews program that pays up to $10,000 to rent locally instead of on Airbnb
The city of Sedona is renewing a pilot program that incentivizes homeowners to rent to long-term, locally employed tenants rather than short-term rent platforms like Airbnb. The city’s Rent Local program is supposed to address two problems: a scarcity of affordable housing for local workers and a glut of vacation homes that currently make up 15% of the rental market. Housing