Substitute Bill No. 4 Summary

• Establishes a winter eviction moratorium from December 1 to March 1 each year, prohibiting notice to quit except for serious nuisance, and prohibiting marshal execution of evictions except for serious nuisance during this period.

• Provides tenants a 9-day grace period for rent payments before late charges or eviction proceedings can begin, with late charges capped at $5/day (max $25) or 5% of delinquent rent.

• Restricts landlord fees to security deposits and tenant screening report fees (capped at actual cost); prohibits application fees and other charges before tenancy begins.

• Creates workforce housing opportunity development program offering tax credits to investors and exemptions for eligible projects in opportunity zones that dedicate units to workforce members and low/moderate income residents.

• Appropriates $600 million for a pilot program providing grants to retrofit multifamily residences in environmental justice communities for energy efficiency and health/safety improvements.