Minnesota Senior Citizens Property Tax Deferral

Minnesota Department of Revenue

Available Property Tax Relief

About This Program

Allows Minnesota homeowners age 65+ with household income under $96,000 to defer payment of property taxes. The state pays the taxes and places a lien on the property. Deferred taxes plus 5% annual interest are repaid when the home is sold or ownership transfers.

Defers full property tax amount; repaid with 5% annual interest when home is sold

Key Details

  • Defer property tax payments if age 65+
  • Household income must be under $96,000
  • State pays taxes; lien placed on home
  • Repaid at 5% annual interest when home sells
  • Apply by July 1 annually

How to Apply

A grant-savvy contractor in Minnetonka, MN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Apply by July 1 for current year

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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