Atlanta Launches 20-Year Tax Relief Program for Senior Homeowners
Great news for long-time Atlanta residents aged 60 and above! The City of Atlanta, in partnership with Invest Atlanta, has unveiled an innovative anti-displacement program aimed at protecting our community's legacy residents.
This groundbreaking initiative offers qualified senior homeowners a lifeline against rising property taxes, which can often force long-term residents out of their beloved neighborhoods. Here's what you need to know:
Key Program Details:
Eligible participants: Atlanta residents aged 60 and older
Duration: 20 years of tax relief (subject to continued eligibility)
Benefit: The program covers any increase in property taxes above the homeowner's base tax amount
How It Works
If you qualify, the program will pay the difference between your current tax bill and your base tax amount. This means your property tax payments will remain stable, even as property values in your area increase.
Application Period: Don't miss out on this opportunity! Applications are now open, but the window is limited. You have until August 17 to submit your application.
Ready to Apply? Visit Invest Atlanta for the full application and additional program information.
This initiative demonstrates Atlanta's commitment to preserving its rich community fabric and supporting its long-term residents. If you or a loved one might benefit from this program, we encourage you to explore your eligibility and apply today.
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