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Yo_Mama_Been_Loggin

(121,998 posts)
Fri Apr 25, 2025, 02:57 PM 21 hrs ago

Compromise reached on Washington bill to cap rent increases

Washington Democrats have landed on a new proposed limit on residential rent increases after negotiations in the Legislature.

Under the version House and Senate Democrats announced late Thursday, annual rent hikes statewide would be capped at 7% plus inflation, or 10%, whichever is lower in a given year. The latest bill would also nix a proposed carveout for some single-family homes and shorten the time that new construction would be exempt from the cap.

The news provides a potential middle-ground resolution for a bill that is a top priority for progressives and a policy idea that failed to win approval in Olympia last year.

Rep. Nicole Macri, D-Seattle, said Thursday that “I know that there will be many tenants around the state who will have wished for a stronger policy, but this bill brings important protections.”

https://washingtonstatestandard.com/2025/04/24/compromise-reached-on-washington-bill-to-cap-rent-increases/

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