Connect with us

Hi, what are you looking for?

Finance

$1.2 million fund now available for Boise’s Property Tax Rebate Program to help eligible homeowners

The Boise City Council and Mayor Lauren McLean have approved a $1.2 million fund for the Property Tax Rebate Program. This program aims to provide financial relief to eligible homeowners in Boise, based on the report on the official website of the City of Boise on November 2, 2022.
Homeowners who were previously qualified for Idaho’s Circuit Breaker Program will also be able to receive a rebate towards their City of Boise property tax bill.
Applications for the program will be open from December 1, 2022, to May 1, 2023, and can be accessed through the city’s website, local libraries, or by mail.
The website added that, to be eligible, applicants must be Idaho residents and own and occupy their home or mobile home, with the value of the home not exceeding 150% of the median assessed value for Ada County (approximately $800,000).
Applicants must also have a total income of $32,230 or less for the 2021 calendar year after deducting medical expenses and must meet one of the following criteria: being 65 years of age or older, being a former POW or hostage, being blind, being a widow or widower, or being disabled, according to KTVB on November 2, 2022.
The program was authorized by the Idaho State Legislature through House Bill 550.

 

Click to comment

Leave a Reply

Your email address will not be published.