Senior citizens can save money with Real Estate Tax Programs

The Philadelphia Department of Revenue has announced that applications are now being accepted for the 2015 Senior Citizen Real Estate Tax Freeze Program. The program helps senior citizens save money by “freezing” their real estate taxes at the current year’s rate. Once approved, the homeowner’s real estate taxes will not increase. For the full press release with more information, click here.

Additionally, the Philadelphia Office of Property Assessment has announced that Homestead Exemption applications will be accepted for the 2015 tax year until December 1, 2014. The Homestead Exemption is a Philadelphia property tax program that reduces the taxable portion of your property assessment by $30,000. If you are granted the Homestead Exemption, your real estate tax bill will likely be lower next year. You can apply directly over the phone at 215-686-9200, in any language. For more information, click here.

In its work to promote fairness and access to justice, SeniorLAW Center’s Homeowners Assistance Program helps hundreds of senior homeowners each year save their homes, addressing legal issues affecting their safety, dignity and independence.
If you have any questions, please contact SeniorLAW Center at 215-988-1242.