Sedona will pay residents to not use homes as Airbnb rentals

By FOX 10

SEDONA, Ariz. – The city of Sedona is offering an incentive for homeowners to not use their houses as Airbnb rentals.

The city council approved a $240,000 program earlier this week that would incentivize homeowners to lease out their homes to local workers because of a lack of affordable housing.

According to data from the city, only 4% of total dwelling units in the city are apartments – drastically below the 16% average in the state.

“People working in Sedona struggle to find housing due to skyrocketing real estate prices and vacation rentals dominating the rental market,” city officials said.

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