A new section is added to chapter 59.18
RCW to read as follows:
19 (1) A landlord may increase rent and fees combined in an amount
20 greater than allowed under section 101 of this act only as authorized
by the exemptions described in this section.21
22 (a) If the first certificate of occupancy for the dwelling unit
23 was issued 10 or less years before the date of the notice of the rent
24 increase, rent and fee increases for the dwelling unit are not
limited by section 101 of this act.
26 (b) Rent and fee increases are not limited by section 101 of this
act for any of the following:
27 (i) A tenancy in a dwelling unit owned by a:
28 (A) Public housing authority;
29 (B) Public development authority;30
31 (C) Nonprofit organization, where maximum rents are regulated by
32 other laws or local, state, or federal affordable housing program
requirements; or33
34 (D) Nonprofit entity, as defined in RCW 84.36.560, where a
35 nonprofit organization, housing authority, or public development
36 authority has the majority decision-making power on behalf of the
37 general partner, and where maximum rents are regulated by other laws
38 or local, state, or federal affordable housing program requirements;
or
