"Neighborhood Protection and Housing Affordability Act"; prohibits short-term rental of transient accommodations in exclusively residential zones unless authorized by municipality.

This bill prohibits short-term rentals (like Airbnb) in areas zoned exclusively for residential use, unless a municipality specifically authorizes it. Municipalities may allow short-term rentals in up to 25% of their total land area, but property owners cannot rent residential units for short-term stays without local approval. Violations carry civil penalties ($250-$1,000 per offense), with collected fines directed to local affordable housing funds for low- or moderate-income housing. The policy aims to preserve long-term housing supply by limiting conversions of rental units to short-term use, which studies link to higher rents and reduced housing availability.