Regional Advocacy Roundtable on Rent Control LegislationDate: Tuesday, June 3, 2025 Time: 8:00- 9:00 am Location: Tri-Cities Business and Visitor Center Hosted by: Tri-City Regional Chamber of Commerce Join us for a timely and important Regional Advocacy Roundtable, as we discuss House Bill 1217, Washington’s newly passed rent control legislation. This session is designed to inform local stakeholders—property owners, developers, businesses, and housing professionals—on how the new law will impact residential rental markets across the state and what steps can be taken to adapt to upcoming regulatory changes. What is HB 1217? During the 2025 legislative session, HB 1217 introduced statewide limitations to residential rent increases. The law restricts annual rent hikes to no more than 7% plus inflation (as measured by the Consumer Price Index), whichever is lower. These limits apply to most residential rental units, with some exemptions for new construction and affordable housing projects. The bill also increases transparency by requiring landlords to provide more advance notice for rent increases and limits fees for late-rent payments. The legislation is intended to offer greater stability for renters while preserving incentives for housing investment. However, its provisions require landlords and property managers to adjust their lease practices, financial projections, and compliance procedures. At this roundtable, we will hear from industry professionals who will explain the bill’s key components, outline what it means for rental operators in our region, and share practical guidance on how to stay compliant. This event is part of our ongoing commitment to keep our members informed and prepared. We hope that you will join the conversation and take advantage of this opportunity to gain clarity and ask questions about how HB 1217 may affect your business or community.
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