Senior Citizen Homeowners' Exemption (SCHE)

From Senior Planet Resource Exchange

Senior Citizen Homeowners' Exemption (SCHE) allows qualifying owners of 1-, 2-, and 3-family houses, condominiums, or cooperative apartments who are age 65 or older, and whose Federal Adjusted Gross Income, reduced by unreimbursed medical expenses, is less than $36,400 a year a reduction to their assessed value of 5% - 50% (depending on income).

For more information and too see if you qualify and an estimate of tax dollars saved visit their website. Or call (212)504-4080.