Philadelphia, October 20, 2010 – The Philadelphia Revenue Department has extended the application deadline for low-income senior citizens applying for a real estate tax rate freeze to November 5, 2010. This program protects low-income senior citizens from increases in property assessments and increases in real estate tax rates. If approved, the applicant’s 2011 Real Estate Tax bill will be adjusted to the 2010 amount, and the applicants will be exempt from paying the 9.9% increase to Philadelphia’s real estate taxes beginning in 2011.
“Increased real estate taxes can be especially difficult for those Philadelphians living on a fixed income. By extending its deadline, the Revenue Department is offering an opportunity to those who truly need our help,” said Mayor Michael A. Nutter. “I want to encourage all senior citizens who think they may be eligible to apply before the deadline on November 5th.”
Eligibility requirement for the program include:
• Your or your spouse is 65 years or older OR
• You are a widow/widower 50 years old or older AND your spouse was at least 65 years old at the time of his or her death.
• You are single/widowed and your 2009 income was less than $23,5000 OR
• You are married and your 2009 combined income was less than $31,500.
• You must own and occupy the property as your primary residence AND
• Your Real Estate Tax bill for that property will be increasing.
Once approved, applicants do not need to reapply to the program each year. All approved applicants are enrolled each successive year unless they no longer meet the eligibility requirements. Applications can be requested by calling 215-686-6442 and are available online at http://www.phila.gov/revenue/Real_Estate_Tax.html.