A.
There is an acute shortage of rental housing in the City; and
B.
A substantial number of the residents and citizens of the City presently reside in rental housing; and
C.
The Council of the City finds that there has been heretofore an unauthorized practice of marketing rental units whereby certain agents, particularly superintendents and rental agents of the owners of structures within the City containing rental agents or the owners of structures within the City containing rental units have required prospective tenants and applicants for rental units to pay, in addition to real estate commissions properly due and owing and in addition to advance rents and security deposits required by the terms of the applicable leases and as permitted by law, sums of money for the privilege of renting units or for priority over other applicants; and
D.
The Council of the City finds that the payment of such sums perpetuates proscribed discrimination against classes of persons afforded equal opportunity in the leasing of rental units by the New Jersey Law Against Discrimination, N.J.S.A. 10:5-1 et seq.; and
E.
The Council of the City further finds that such payments further reduce, contrary to the public interest of the citizens and residents of the State of New Jersey, the availability of rental units to persons of moderate income.