Reduced Interest Rate Property Tax Payment Plan

You may be eligible for a Reduced Interest Rate Property Tax Payment Plan if:

• Your property is a single-family home, condominium, or other tax class one property with an assessed value of $250,000 or less.
• The property has been your primary residence for at least one year.
• The total income of all owners does not exceed $200,000.

If you are receiving Enhanced STAR (credit or exemption), the Senior Citizen Homeowner’s Exemption (SCHE), or the Disabled Homeowners’ Exemption (DHE), and your property tax payment plan is in good standing, you will receive the reduced interest rate automatically and do not need to complete this application.