GREENSBORO, N.C. — Your 2021 property taxes may have cost you a chunk of change, but chances are after the reevaluation, your 2022 property taxes jumped!
The City of Greensboro is starting a program to help homeowners bridge the gap between the two amounts.
"It's a small pilot program, we've budgeted about $250,000 for people at certain income levels to ask for a rebate back on their taxes," said Mayor Nancy Vaughan.
The Low-income Homeowner Assistance program begins taking applications
Monday, April 17, 2023. You can apply for money back all the way through June 15, 2023.
ARE YOU ELIGIBLE?
Here are the requirements from the city website:
- The home must be the applicant’s primary residence
- The home must be located within the city of Greensboro's limits
- Applicant must be the person who paid the taxes
- Applicant must have owned the home for five continuous years
- The home must have experienced a property revaluation increase as part of the 2022 Guilford County tax revaluation
- The home's total property tax value must be less than $250,000
- For one-person households, the total household annual gross income for 2022 must be less than or equal to $41,000 to apply. For two or more people in a household, the total annual gross income for 2022 must be less than or equal to $47,000.
- There can be no outstanding liens, assessments, or delinquent taxes on the home owed to the City of Greensboro
- Applicant cannot also receive assistance from the County Homestead Tax Exclusion Program
IF YOU QUALIFY, YOU GET A CHECK
If you qualify, you will get a check. The minimum assistance is $50. The maximum assistance is the difference in the city portion of home property taxes from 2021 versus 2022.
The applications open Monday, April 17. You can find a direct link to the application page here.