On a bike ride on a warm and sunny Tuesday afternoon, this new house with a for-sale sign out front attracted my attention. It looked particularly spiffy and neat, so I stopped to take a photo.
With all the agitation about housing growth in Albany, a three-story apartment house being built at 650 First Ave. S.E. got my attention last week.
Criss-crossing Albany on a bike, I often stop and look at construction sites, especially those where new housing has just been finished or is still being built.
Thirty-five rental units have been built at Waverly Drive and Grand Prairie Road in Albany. They have looked finished for months yet remain vacant. How come?
Construction continues at The Banks, the new apartment complex on the Willamette River in Albany. But most of it is finished, and on Friday they held a grand opening.
Here’s another example of how builders are creating new housing in the middle of Albany by making use of existing lots. In this case, a new duplex is taking the place of a small tumbledown house destroyed by fire in 2019.
Next in Albany: A tax on new construction
Hoping to promote less expensive housing, one of the first things the new Albany City Council will do next month is to add a city tax on new construction valued at more than $50,000.
Tags: Albany housing, construction excise tax, low-income housing projects, property tax exemption, subsidized housing