The Hopkinton Tax Relief Commission encourages eligible Hopkinton homeowners to apply for assistance from the Elderly and Disabled Tax Relief Fund.
Applicants must be 60 years of age or older or have a state-recognized disability, and must own and occupy a single-family home in Hopkinton as their primary residence. The maximum income for a one-person household is $48,000. It's $60,000 for a two-person household, $69,000 for a three-person household, and $76,000 for a four-person household.
Fiscal year 2024 applications are available online here as well as at the City Hall Finance Office (18 Main Street), the Senior Center (28 Mayhew Street), and the Hopkinton Public Library (13 Main Street). The Treasury Department can also mail forms to those who request them by calling 508-497-9715.
The application deadline is February 23rd.
The amount of property tax credits awarded is based on the number of eligible applicants and the size of the fund. In recent years, the Tax Relief Board has been able to provide aid totaling $12,750 to $20,000 each year. We have won over 100 awards in the past 5 years.
“We are fully aware that there is more need than we can currently meet, and we want to increase the number of applicants eligible for assistance,” said Commission Chair Sue Criss. said.
“The City of Hopkinton voted in favor of creating a tax relief fund in 1998 to help Hopkinton's low-income homeowners, who are elderly or live with disabilities, remain in the community,” said Selectman. said Muriel Kramer, chair of the committee. So this fund is more important than ever. ”
The Hopkinton Seniors and Disabilities Tax Relief Fund relies on donations from residents, businesses and other organizations and is not part of the town's budget. When paying their property taxes, residents can send checks to the Tax Relief Fund at City Hall or donate to the fund through the city's website.
“We are grateful for the support this program has received from the community, which is a demonstration of Hopkinton’s commitment to ensuring a diverse and inclusive community,” Kreis added.