Gov. Tina Kotek signed Senate Bill 611 into law in July 2023, which set a state-mandated upper limit of 10% for residential increases. In 2025, landlords will be allowed to increase rent up to that maximum. Read more: https://www.kgw.com/article/money/business/oregon-governor-expand-hillsboro-boundaries-semiconductor-facility/283-779b123f-aed6-4f00-8bcd-ca06a910fcb8 Watch more The Story videos: http://bit.ly/watchTheStory Follow The Story on Twitter: https://twitter.com/TheStoryKGW Follow The Story on Instagram: https://instagram.com/thestorykgw