To help low-income homeowners, the municipality of Lunenburg is expanding its rebate program. The expansion will offer eligible homeowners a more significant rebate and increase the number of people who are eligible for the rebate. The municipality is also hoping to use the rebate program to encourage more people to stay in their homes and avoid foreclosure. The program’s expansion will help achieve this goal by making it more affordable for low-income homeowners to keep up with their mortgage payments.
The municipality is committed to helping its residents, and this expansion of the rebate program is one way to do so. The expansion will help to make Lunenburg a more affordable place to live and will help to keep its residents in their homes.
The Municipality of the District of Lunenburg is raising the income criteria for their Low-Income Homeowners Rebate program. Previously, households with yearly incomes of less than $29,999 were eligible for a property tax relief, with a maximum rebate of $500.
Mayor Carolyn Bolivar-Getson adds, “We know this is a challenging environment for low-income property owners. “The Property Tax Exemption is just one of the many ways the municipality helps citizens struggling financially.” The rebate application period will begin on April 15 and end on August 1, although the MODL says applications may be accepted all year if financing allows.
Families earning less than $38,000 will be eligible for a maximum reimbursement of $530 this year. The hike, according to MODL Mayor Carolyn Bolivar, is a response to inflation and growing living expenditures of many MODL residents, and Increasing the number of low-income people. Property tax relief is now available to Nova Scotians living in the Municipality of the District of Lunenburg.
As of Tuesday, homeowners with a family income of $25,000 to $29,999 were eligible for assistance. They can claim a refund of up to $100 on their bill.
Homeowners in that income range were previously ineligible for the rebate program. In a news release, Mayor Carolyn Bolivar-Getson stated, “We want to see more residents who qualify take advantage of this rebate by applying for the property tax exemption.” The town has also increased aid for homeowners who earn less than $9,999. The maximum exemption has increased from $400 to $500.re-experiencing.
Residents can go to the municipal administration facility at 210 Aberdeen Rd. or
Apply Online.
https://www.modl.ca/i-want-to/apply-for/property-tax-exemption
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