Property Tax Relief is Extended to Seniors
Property tax relief for thousands of senior homeowners in Montgomery County was signed into law last year by Governor Ted Strickland.
The new law removes income tax requirements from the Homestead Reduction Program, allowing any homeowner age 65 and older to qualify for the property tax reduction. If you or your spouse turn 65 in 2008, you most likely qualify, but you must apply before Monday, June 2, 2008.
Homeowners who are permanently or totally disabled also qualify for the Homestead Reduction. If you have not yet taken advantage of the program, you’re encouraged to apply by calling (937)225-4341, visiting www.mcrealestate.org to download an application, or obtaining an application at a library or senior center.
“Removing the income limit opens the door to thousands of homeowners who were ineligible for this reduction in the past,” said Montgomery County Auditor Karl Keith.
The average tax reduction in Montgomery County is about $517. Those who already receive the benefit do not need to reapply.