Behind the scenes, Ferguson backed bill to cap rent increases for months

Gov. Bob Ferguson's support for a bill capping rent increases in Washington has not been vocalized until recently, leading to frustration among lawmakers like State Sen. Yasmin Trudeau. The legislation aims to limit annual rent hikes to 7% plus inflation or 10%, whichever is lower, and would take effect immediately upon Ferguson's signature. Trudeau fears landlords may raise rents quickly, anticipating restrictions once the bill is enacted.

Ferguson's office stated that the governor's review process for bills delays public comments. The urgency is compounded by the end of the legislative session, with significant debates over other proposals, including a wealth tax. Trudeau, who previously worked with Ferguson, finds his lack of clarity unusual. The bill's passage represents a critical step in addressing housing affordability amid a budget shortfall. Lawmakers hope to resolve the remaining issues and get the bill to Ferguson's desk soon.