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Washington State Rent Cap Bill Signed into Law

Washington State Rent Cap Bill Signed into Law

by Phil Hall | May 8, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Washington Gov. Bob Ferguson signed a bill into law that imposes rent caps on the state’s  landlords. House Bill 1217 limits rent increases for existing tenants in Washington state to 7% plus inflation or 10%, whichever is lower, and it also limits rent...
Bill to Upgrade Affordable Housing Program Credit Introduced in Senate

Bill to Upgrade Affordable Housing Program Credit Introduced in Senate

by Phil Hall | Apr 29, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

A bipartisan initiative in the US Senate has resulted in the reintroduction of the Affordable Housing Credit Improvement Act, three weeks after a similar endeavor occurred in the House of Representatives. The new version of the legislation seeks to increase the number...
California Utility Executive-Turned-Lawmaker Seeks to Slash Energy Credit Benefits for Rooftop Solar Panels

California Utility Executive-Turned-Lawmaker Seeks to Slash Energy Credit Benefits for Rooftop Solar Panels

by Phil Hall | Apr 22, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A former California utility executive now serving in the state’s assembly has introduced a bill that would significantly reduce the energy credit benefits tied to rooftop solar power systems. The Los Angeles Times reports AB 942 would cut the current program’s...
Democrats Reintroduce Housing for All Act to Address Homelessness

Democrats Reintroduce Housing for All Act to Address Homelessness

by Phil Hall | Apr 22, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Three Democratic California lawmakers – Sen. Alex Padilla and Reps. Ted Lieu and Salud Carbajal – have reintroduced the Housing for All Act to finance federal and local programs designed to address the homelessness crisis that worsened during the Biden administration....
California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors

California Lawmakers Introduce Mortgage Forbearance Bill for LA Wildfire Survivors

by Phil Hall | Apr 18, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

A new bill has been introduced in the California legislature that will provide a temporary relief for homeowners impacted by the recent Los Angeles County wildfires. CBS News reports that the “Mortgage Relief for Disaster Survivors Act” would give...
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