Property Tax Abatement
This is an optional program that municipalities may elect to offer to older homeowners in order to make housing more affordable. New York State law allows municipalities to offer up to a 50 per cent abatement in local real property taxes, with each locality permitted to set its own maximum-income criteria for determining a homeowner's eligibility for the program.
For information about whether such a program is available in your municipality, and for application forms, contact your local Tax Assessor's office, whose phone number can be found in the government pages of the phone book.
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