Sedona has too little housing and too many short-term rentals. A new program aims to change that
Sedona has a housing problem: not enough affordable places for workers and residents to live.
The city also has a lot of short-term rental properties, which is reducing the number of available options. So officials have come up with a way to try to deal with this: offering the owners of short-term rentals money to turn them into long-term rentals.
Sedona is offering between $3,000 and $10,000 per year lease; the amount depends on the size of the house. And the program caps the monthly rent landlords can charge at $2,200 per month.
The city has set aside $240,000 for the program and will hand out the money as long as it lasts.
Shannon Boone is housing manager for the cities of Sedona and Cottonwood.
The Show spoke with her to learn how the program is working so far and what got it started.