#AVI Homestead Exemptions Falling Short of Target

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One big problem with the homestead exemption approach to tax relief is that people have to apply to get it. A successful program needs to get people the money automatically. The Nutter administration’s estimate that 96% of eligible property owners get the homestead exemption looks like it’s probably going to be way off.

Jan Ransom:

MORE THAN 100,000 homeowners, including huge clusters in some of the city’s poorest areas, haven’t gotten the message about the homestead exemption, a relief measure that could save them hundreds of dollars a year under the city’s new property-tax system the city said.

Setting the language barrier aside, application rates have been low in most of the city’s low-income areas, including North Philly, Bridesburg, Kensington, Port Richmond, Point Breeze, parts of West Philly and Tacony, according to data compiled by AxisPhilly.

 

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