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March 17, 2021 3 An example of one of the rooms in Central Virginia registered to PadSplit’s service. The startup seeks to be the Airbnb of income-based housing, matching property owners with tenants in search of accommodations. ( Photos courtesy of PadSplit) There’s a new player in the local on-demand housing sector, one toting an Airbnb-like business model that connects property owners with low-income tenants in need of a home. PadSplit, an Atlanta-based company, added Central Virginia to its list of markets earlier this month. The company provides an online marketplace of housing options, mainly rooms for rent for users with an average annual income of $25,000.

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