PROPERTY TAX RELIEF FOR QUALIFYING SENIORS, PERSONS WITH DISABILITES

Published on October 15, 2024

PROPERTY TAX RELIEF AVAILABLE FOR QUALIFYING SENIORS, PERSONS WITH DISABILITES

(PLACERVILLE, CA) Applications to postpone payment of 2024-25 property taxes are now available to qualifying residents, according to Karen Coleman, County Treasurer-Tax Collector.

The Property Tax Postponement Program, or PTP Program, administered by the State Controller’s Office, allows eligible homeowners to postpone payment of property taxes on their primary residence. To be eligible, you must: be at least 62, or blind, or have a disability; own and occupy the home; had a total household income in 2023 of $53,574 or less; have at least 40% equity in the home; and meet other requirements. Repayment under the PTP Program becomes due when the homeowner: moves; sells; transfers title; defaults; refinances; dies or obtains a reverse mortgage.

Funding for the program is limited.  Applications are accepted from October 1 to February 10 and are processed in the order received. 

“This is a popular program.  If you are interested and feel that you may qualify, do not delay.  Contact the State Controller’s Team by phone at 800-952-5661 or by e-mail to postponement@sco.ca.gov,” said Coleman.  

Requirements are subject to change without notice if the law is revised.  Additional information and eligibility requirements can be found on the California State Controller’s website at www.sco.ca.gov/ardtax_prop_tax_postponement.html

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