BOSTON – Massachusetts property owners over 65 years of age have until April 1, 2019 to apply to defer payment of their property taxes. To qualify, seniors in Somerville must have an annual income of $57,000 or less.
Older adults statewide face being forced out of their homes due to rising property values that increase tax bills they cannot afford on a fixed income. Residents who own their homes and would like to continue to live in them often have difficulties making ends meet as the years go by and their income loses its buying power. Deferring property taxes gives those seniors an opportunity to avoid making difficult choices of whether they can pay for heat, prescription drugs, or food in addition to the tax bill.
“Living on a fixed income is very hard, but this bill will help make it just a little bit easier when costs continue to rise,” said Sen. Pat Jehlen (D-Somerville). “Deferring expensive property tax payments can provide just enough relief to allow many older adults to afford to remain in their homes as they age in all of our communities.”
For more information, residents should call Somerville City Hall at 617-625-6600 x3100.