An Act to regulate junk fees in rental housing and advance housing production

This bill addresses two main areas: regulating unfair fees in rental housing and encouraging housing production. It limits what landlords and brokers can charge tenants, allowing only first and last month's rent, a security deposit, and key costs, while prohibiting extra fees for lease renewals or adding optional charges like internet or insurance unless clearly described and opt-out options are provided. The bill also caps late payment penalties at five percent of monthly rent and restricts when landlords can charge attorney fees to tenants. Additionally, it promotes housing development by reducing parking requirements near transit stations, defining underutilized land for redevelopment, and ensuring publicly owned property is prioritized for low and moderate income housing.