Property tax deferral program to help property owners with limited income

Property owners with limited incomes are getting some relief in the form of a tax deferral program, the state Department of Revenue announced Tuesday.

Homeowners making $57,000 or less in 2008 can apply to defer paying their second half property taxes due Oct. 31.

Applicants must have owned the primary residence for at least five years and have sufficient equity, the department said. Deferred taxes cannot exceed 40 percent of equity.

Deferred taxes must be repaid with interest when the home is sold or no longer used as the primary residence. The interest rate for 2009 is 5 percent.

For more information visit and see the Property Tax Deferral for Homeowners with Limited Income publication or call 360-570-5900.

Homeowners also can call local county assessors’ offices: Franklin County, 545-3506; Benton County, 786-2046.

Source: Tri-City Herald

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