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The Homestead Valuation Freeze Exemption Program puts a “freeze” on the assessed (estimated) value of the home you own and live in. The assessed value is the dollar amount used to decide how much you will have to pay in property taxes. This means that if the value of the home increases, you will still pay taxes on the lower value, resulting in a lower tax bill. Property includes your home and an acreage of land as set by the county you live in.
How do I get help?
To find out how to apply, please contact your local tax assistance office.
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