Beaverton considers housing production strategy with focus on equitable support and tax incentives

The West Linn City Council meeting on May 12, 2025, spotlighted the critical discussion surrounding the proposed Construction Excise Tax (CET) aimed at boosting local housing initiatives. City officials highlighted the potential of the CET to serve as a catalyst for securing additional funding from various sources, despite it not being the primary financial driver for housing projects.

During the meeting, a representative shared insights from case studies in Milwaukee and Corvallis, illustrating how CET funds have been utilized to leverage other financial resources. "It's money that you as a city are putting forward as your local contribution to the project," they noted, emphasizing the tax's role in enhancing the city's investment appeal.

The council also discussed the importance of equitable housing support, including a tax incentive for homeownership through the Home Buyer Opportunity Limited Tax Exemption. Additionally, they reiterated the necessity for all stakeholders to adhere to fair housing requirements, ensuring non-discrimination in housing practices.

In a significant recommendation from the planning commission, the council was advised to adopt the Housing Production Strategy (HPS) report but to delay the implementation of the CET. This pause aims to allow for further community engagement and thorough consideration of the tax's implications. The council is expected to revisit the CET proposal in the coming months, providing an opportunity for more dialogue with concerned residents and stakeholders.