Exciting updates are coming to New Jersey’s ANCHOR Property Tax Relief Program, which helps homeowners and renters with their property tax bills. The state government has made some changes to make the process easier for those who qualify, especially seniors and people with disabilities. If you live in New Jersey and need property tax relief, here’s what you need to know.
What Is the ANCHOR Property Tax Relief Program?
The ANCHOR program, which stands for “Affordable NJ Communities for Homeowners & Renters,” helps New Jersey residents with property tax relief. Homeowners and renters who meet income and residency requirements can receive payments ranging from $450 to $1,500. Seniors are eligible for an additional $250. This program is meant to make life easier for people who struggle with high property taxes.
What’s New in the ANCHOR Program?
Some important changes are coming to the program, making it easier to apply for help.
- One Simple Form for Multiple Programs: In the past, people had to fill out different forms for the ANCHOR program, Senior Freeze, and other property tax relief programs. But now, residents can apply for all of these programs using one form called the PAS-1. This new form will replace the previous forms for seniors and people receiving federal Social Security Disability benefits.
- Who Can Use the New PAS-1 Form? The PAS-1 form will be available for seniors aged 65 or older and disabled homeowners or mobile homeowners. If you are one of these groups, you will be able to use the new combined form to apply for all the property tax relief programs available to you.
- When Will the PAS-1 Form Arrive? The PAS-1 forms will be mailed to eligible residents in March. If you’re eligible, keep an eye out for the form in your mailbox. Once you receive it, you can fill it out online at propertytaxrelief.nj.gov, or you can complete the paper form and mail it back.
Why Is This Change Important?
State Treasurer Elizabeth Maher Muoio said the new form will make the application process easier. With this change, residents don’t have to worry about filling out multiple forms for different programs. It’s a one-stop shop that simplifies things for people who need property tax relief, especially seniors and disabled individuals.
This update is also a great help for people who are struggling to understand the paperwork. By having a single form, New Jersey is making it easier for people to get the support they need to keep their homes.
What Else Do You Need to Know?
- Eligibility: The program is available to both homeowners and renters who meet certain income and residency requirements. If you are a senior citizen or someone with a disability, you may qualify for additional benefits.
- Payment Amounts: Payments for property tax relief range from $450 to $1,500, and seniors can receive an extra $250.
- How to Apply: Look for the PAS-1 form in your mailbox this March. You can fill it out online or mail it back. Make sure you fill it out correctly to get the property tax relief you are entitled to.
Conclusion
These changes to New Jersey’s ANCHOR Property Tax Relief Program will make it easier for many residents to apply for help with their property taxes. If you are 65 or older, or if you have a disability, make sure to watch for your PAS-1 form in March and complete it as soon as you can. With this new system, applying for relief will be much quicker and easier, helping you get the benefits you deserve.
If you want to learn more about the ANCHOR program and check for updates, visit the official website at propertytaxrelief.nj.gov.
(Source : 1057thehawk.com)