For Homebuyers:
Homebuyer grant/credit offered by banks/lenders:
Bank / Lender | Grant/Credit Amount |
Bank of America | Up to $7500 |
BB&T is now Truist Bank | Up to $2500 |
Citizens Bank | Up to $2500 |
JPMorgan Chase Bank | Up to $3000 |
Santander Bank | Up to $5000 |
For Homeowners:
Philadelphia Homestead Exemption Program – Deadline 12/1/2021
The program saves homeowners money on their Real Estate Taxes. To be eligible you must own the property and live in it as your primary residence. There are no age or income requirements. You only need to apply once unless your deed changes. Final Deadline to apply for the Homestead Exemption is December 1, 2020. Early filers should apply by September 13, 2020 to see approval reflected on your 2021 Real Estate Tax bill. Applicants approved after this date will receive a second bill.
Website: https://www.phila.gov/services/property-lots-housing/property-taxes/get-real-estate-tax-relief/get-the-homestead-exemption
Phone: 215-686-9200
Property Tax Rebate Program (PA 1000) – Deadline 12/31/2021
The program benefits eligible Pennsylvanians age 65 and older; widows and widowers age 50 and older; and people with disabilities age 18 and older. The income limit is $35,000 a year for homeowners, and half of Social Security income is excluded. Spouses, personal representatives or estates may also file rebate claims on behalf of claimants who lived at least one day in 2018 and meet all other eligibility criteria. The maximum standard rebate is $650, but supplemental rebates for qualifying homeowners can boost rebates to $975.
Website: https://www.revenue.pa.gov/GeneralTaxInformation/PropertyTaxRentRebateProgram
Phone: 1-888-222-9190
Senior Citizen Tax Freeze Program (SCTX) – Deadline 1/31/2022
Your Real Estate Tax bill will be prevented from increasing if you meet certain age and income requirements. Under the Real Estate Tax freeze, the amount of property tax you pay each year will not increase, even if your property assessment or the tax rate changes. If your tax liability decreases due to a lower property assessment or a tax rate decrease, the amount of Real Estate Tax you owe will also be lowered to the new amount
Applicants must meet both age and income requirements to be found eligible for a Real Estate Tax freeze.
Age requirements:
- A person aged 65 years or older;
- A person who lives in the same household with a spouse who is aged 65 years or older; or
- A person aged 50 years or older who is a widow of someone who reached the age of 65 before passing away.
Income requirements:
- $27,500 or less for a single person; or
- $35,500 or less for a married couple.
Website:https://www.phila.gov/services/payments-assistance-taxes/senior-citizen-discounts/low-income-senior-citizen-real-estate-tax-freeze/
Basic System Repair Program
BSRP provides repairs to correct electrical, plumbing, heating, structural and roofing emergencies in eligible owner-occupied homes in Philadelphia. Income guidelines do apply.
Website: https://phdcphila.org/residents/home-repair/basic-systems-repair-program
Adaptive Modification Program
AMP is designed to help individuals with permanent physical disabilities live more independently in their homes. It provides adaptations to a house or an apartment, allowing easier access to and mobility within the home. Incomes guidelines apply for AMP as well.
Website: https://phdcphila.org/residents/home-repair/adaptive-modifications-program
For Renters:
Philadelphia Rental Assistance Program – Phase 4
PCDC Housing Counselors and Neighborhood Advisory Committee (NAC) assist tenants and landlords to complete their Philadelphia Phase 4 Rental Assistance applications. There has been delay in the process and please see below updates and recommendations.
Recommendations:
Updates:
- Portal is open for Tenants to resubmit documents for application.
- Applications are categorized as landlord-initiated applications or tenant-initiated application. Currently PHDC is working on completed landlord-initiated applications.
Rent Rebate Program (PA 1000) – Deadline 12/31/2021
The program benefits eligible Pennsylvanians age 65 and older; widows and widowers age 50 and older; and people with disabilities age 18 and older. The income limit is $15,000 annually for renters, and half of Social Security income is excluded. Spouses, personal representatives or estates may also file rebate claims on behalf of claimants who lived at least one day in 2019 and meet all other eligibility criteria. The maximum standard rebate is $650, but supplemental rebates for qualifying homeowners can boost rebates to $975.
Website: https://www.revenue.pa.gov/GeneralTaxInformation/PropertyTaxRentRebateProgram
Phone: 1-888-222-9190