A larger portion of the city’s senior and disabled population will have access to property tax benefits, thanks to a new law signed by Mayor Bill de Blasio and sponsored by Council members Chaim Deutsch and Mark Treyger.
The Senior Citizen/Disabled Homeowner Exemption (SCHE/DHE) program previously was available for people who made up to $37,399, but that has been raised to $58,400. The state enacted legislation last month authorizing the city to raise the limit. The law passed as an enabling clause stemming from state Sen. Diane Savino’s legislation.
“Today’s bill signing is a victory for tens of thousands of senior and disabled New Yorkers who will no longer need to make a choice between paying bills and purchasing food or essentials,” said Deutsch, whose district includes the eastern-most part of the Coney Island. “We are providing a tax break to the most vulnerable in our society — the people who need it the most.”
Those who own one-, two-, or three-family homes, condos, or co-ops can apply to both programs, as long as they meet the income requirement. According to the Department of Finance, the application must be received by Jan. 16, 2018. If accepted, a retroactive benefit dating back to July 1 will be applied.
More importantly, those who applied but were denied due to the previous income limit do not need to re-apply, as long as they still fall within the new range. The benefit will automatically be applied onto their property tax bill in January. For more information on SCHE, click here. For more information on DHE, click here here.
Coney Island is home to one of the largest communities of senior citizens in the city. Twenty percent of people in Coney Island and Brighton Beach are seniors, which is among the city’s highest percentages behind only Bronx Community District 10 (Co-Op City, Pelham Bay, and Schuylerville), according to the comptroller.