Did you know if you are a low-income residential property owner, you may be eligible for a credit on your property tax account through the Property Tax Assistance Program (PTAP)?
The City’s Community & Neighbourhood Services is currently accepting applications until December 1, 2013, for those needing help with their 2013 property taxes.
“The City understands that sometimes making ends meet can be difficult and this is why we have such programs as PTAP,” says Susan Fernando, PTAP coordinator. “We encourage anyone to reach out to us even if they are not sure they qualify for this program. Even if you do not qualify we may be able to connect you with other community resources to help.”
To be eligible for this credit, applicants must:
- Experience an increase in property taxes from 2012 to 2013.
- Live in the principal residence for a minimum of one year.
- Own no other property.
- Meet household income guidelines of at or below $23,647/one person; $29,440/two persons; $36,193/three persons; $43,942/four persons; $49,839/five persons; $56,209/six persons; $62,581/seven persons or more.
For homeowners who are under the age of 65, you may be eligible for a rebate/credit of the whole increase in property taxes from 2012 to 2013. For homeowners who are 65 years of age and older they may be eligible to receive a rebate/credit of the increase in municipal property taxes from 2012 to 2013
Homeowners looking to apply or for more information are encouraged to contact 311 or visit calgary.ca/ptap.