The measure’s passage comes as states and cities across the country have struggled to address a growing housing affordability crisis. Rents have risen while wages have stagnated, and the supply of affordable housing has fallen short of the need.
Oregon has become the first state in the nation to impose statewide limits on how much landlords can raise rents after state lawmakers passed a sweeping measure last week.
The legislation generally limits rent increases to 7 percent annually plus the change in the Consumer Price Index, a measure of inflation. Some smaller and newer apartment buildings would be exempt.
The Democrat-controlled House of Representatives passed the bill by a vote of 35-25, largely along party lines. It had already been approved by the state Senate, and Gov. Kate Brown, a Democrat, signed the bill on Thursday.