Albany will implement a new Housing Construction Excise Tax in 2026, applying fees to new development to fund affordable housing and homeownership programs.
Albany, OR. — Beginning January 1, 2026, the City of Albany will implement a new Housing Construction Excise Tax (CET) designed to generate dedicated revenue for affordable and needed housing across the community.
The tax follows adoption by the Albany City Council on August 13, 2025, and reflects priorities outlined in the city’s Housing Implementation Plan, which has guided housing policy decisions over the past two years.
The CET is a one-time fee applied to building permits for new development that adds livable residential space or occupiable commercial and industrial space. The tax applies to improvements valued over $50,000 and will be phased in over a three-year period…