A New Program to Convert Short-Term Rentals to Long-Term Rentals

On January 1, 2025 Adirondack Roots, AdkAction, and LivingADK launched a program to convert short-term rentals to long-term rentals. This is an effort to increase affordable housing in the ADKs. The program is supported through $20,000 in grants from the Adirondack Foundation and the Hudson Headwaters Upstream Fund and also from "individual supporters." Preference will be given to landlords with rental units in Elizabethtown and surrounding towns, but the program may be expanded in the future.

The program will provide $2000 (one time only) to STR owners who convert their properties to long-term rentals. It will also provide educational resources and one-on-one support to help with the conversion to a long-term rental. Some STR owners find that operating an STR costs more in time, money, and energy than they expected. Benefits to STR owners include a steady and predictable source of income. Also, long-tern rentals can cost less to operate because renters pay the utilities. For more information about housing related issues, check out our new Housing page here.