Philly Property Taxes Spiked? You Could Be Eligible For A Rebate
Hapco Philadelphia has been asked by the City's Planning and Development Department to let HP members know about this Philly property tax rebate program.
If your property valuation increased by more than 50% in 2022 or 2023, you could be eligible to apply for a tax rebate.
The City's Real Estate Tax Credit Program explains below who's eligible and how to apply.
The deadline is January 31st 2024.
Attention Philadelphia Rental and Investment Property Owners and Homeowners:
Was your latest real estate tax bill more than you anticipated? Philadelphia homeowners can receive up to $500 to help with increasing real estate tax bills through the City of Philadelphia Real Estate Tax Credit Program.
Who should apply?
Homeowners within the City of Philadelphia who have experienced an increase in their real estate tax bill.
What are the eligibility requirements?
- Live within the City of Philadelphia;
- Be the legal owner of the property;
- Property tax bill has increased by 50% or more between the 2022 and 2023 tax assessments; and
- Household income must be at or below 80% Area Median Income (AMI).
The selection process will consist of an initial screening of applications based on eligibility, followed by a random selection of eligible applicants through a lottery system.
See detailed eligibility requirements and apply by January 31st at: gofwd.link/PATaxRelief.
If you have any questions, please email: pataxrelief@forwardplatform.zendesk.com, or call (855) 334-9513.
The City of Philadelphia Real Estate Tax Credit Program is overseen by the City of Philadelphia and administered by FORWARD.
What Does Detroit Know About Fair Land Taxation That Philly Doesn't?
It seems every other major metropolitan area is trying to think outside the box when it comes to fair land taxation.
It’s why Hapco Philadelphia continues to point out to Philadelphia City Council why they need to get creative in order to treat rental property owners fairly.
See what leaders in Detroit are doing when it comes to taxing land, buildings, and improvements to erase blight and create more affordable housing.
SAVE THE DATE! Next Hapco Philadelphia Education Event Feb 20th!
THIS IS OPEN TO ALL RENTAL AND INVESTMENT OWNERS, MANAGERS, AND VENDORS! INVITE COLLEAGUES, FRIENDS, FAMILY, AND NEIGHBORS!
It’s time to learn, network, and socialize again with fellow rental and investment property owners, managers, and vendors!
Hapco Philadelphia’s legendary Rental Education Series continues with experts guiding you on Landlord Insurance Policies For Rental Properties and Using Technology To Safeguard Your Properties.
WHEN: Tuesday February 20th
TIME: 6:00pm to 7:30pm
WHERE: DRINKER’S PUB, 1903 CHESTNUT STREET, PHILADELPHIA, 19103
Can Cherelle Parker Fix Philly's Affordable Housing Crisis? Former Housing Director Says Yes
Hapco Philadelphia gets tired of seeing other big cities address their affordable rental housing crises while Philly’s City Council shrugs its shoulders.
In an OpEd piece in the Philadelphia Inquirer, former City Housing Director John Kromer suggests changing the City’s 10-year property tax abatement policy.
Could it work?
NYC Continues To Innovate When It Comes To Building Affordable Housing
Hapco Philadelphia has been begging City Council for years to think outside the box when it comes to building more affordable rental housing.
If New York City can do it, why can’t Philly?