Status:
Redwood City officials will start negotiating with short-term rental giant Airbnb to collect hotel taxes from its users and remit them back to the city to fund the creation of affordable housing.
The council approved the measure at its Monday night meeting.
So far, Airbnb is the only short-term rental provider the city is working with to collect the tax.
There are currently hundreds of short-term rentals in Redwood City on Airbnb’s website, according to Aknin’s report.
An agreement with Airbnb is expected within the next two months.
Reports:
10/26/2015: Negotiate agreement with AirBNB to collect and remit Transit Occupancy Tax Staff Report (City of Redwood City)
News:
11/23/2015: Corporate housing practice ends: Several Redwood City apartment buildings ordered to stop short-term rentals (San Mateo Daily Journal)
10/27/2015: City to seek Airbnb tax: Redwood City negotiating with short-term rental company to collect fee to fund affordable housing (San Mateo Daily Journal)
10/13/2015: Redwood City eyes Airbnb tax: Officials consider ways to boost the construction of affordable housing (San Mateo Daily Journal)