Washington state Gov. Bob Ferguson has signed a bill into law that sets limits on rent increases. Wednesday's bill signing makes the state among the first in the nation to provide protections for tenants.

Gov. Ferguson signed a bill into law that sets limits on rent increases, making the state among the first in the nation to provide protections for tenants.

Rent increases will be limited to 10 percent per year, with an exemption for newly built units for a dozen years.