Laguna Beach Looks to Use Short-Term Rental Tax for Affordable Housing

Laguna Beach Looks to Use Short-Term Rental Tax for Affordable Housing
Houses dot the hillside overlooking Laguna Beach, Calif., on Oct. 15, 2020. John Fredricks/The Epoch Times
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LAGUNA BEACH, Calif.—The City of Laguna Beach is considering using some of the city’s tax revenue from short-term rental operations to create more affordable housing.

City councilors unanimously agreed at the April 26 council meeting to continue exploring the idea of reallocating 12 percent of the city’s Transient Occupancy Tax collected from short-term rental units to a new affordable housing project.