Low and moderate income homeowners property tax relief program open through June 30

By MICHAELA TOWFIGHI

Monitor staff

Published: 05-06-2024 2:01 PM

Modified: 05-06-2024 2:12 PM


Applications for property tax relief through the Department of Revenue Administration are open through June 30. 

Single homeowners who make up to $37,000 a year and married couples who have an income of $47,000 can apply for a reduction on their local property tax bill if their home is valued at less than $220,000.

The Low and Moderate Income Homeowners Property Tax Relief program provides a slight break to a homeowner’s annual taxes by reducing the amount they owe to the State Education Property Tax. 

However, this portion of a homeowner's tax bill is often the smallest. 

Out of total local revenue collected by New Hampshire communities, property taxes makes up half, while the statewide education property tax accounts for 5 percent. 

Last year, nearly 6,000 homeowners received $900,000 in relief total, which meant a $150 award on average. 

In the State House, a bill to expand eligibility for the program was killed. House Bill 569 would have increased guidelines to $65,000 for a single person or $77,500 for someone who is married. The policy also proposed changes to retaining the statewide education property tax and establishing a committee to study the property tax relief program.  

To apply homeowners must submit their individual tax return and final property tax bill for 2023 along with the application. Applications are available online at www.revenue.nh.gov/gtc or to file a paper claim visit www.revenue.nh.gov/forms/low-moderate.htm. All claims are due by June 30. 

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