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We study the periodic cyclic homology groups of the cross-product of a finite type algebra by a discrete group . In case is commutative and is finite, our results are complete and given in terms of the singular cohomology of the strata of fixed points. These groups identify our cyclic homology groups with the \dlp orbifold cohomology\drp\ of the underlying (algebraic) orbifold. The proof is based on a careful study of localization at fixed points and of the resulting Koszul complexes. We provide examples of Azumaya algebras for which this identification is, however, no longer valid. As an example, we discuss some affine Weyl groups.

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