Minnesota Senior Citizen Property Tax Deferral

Minnesota Department of Revenue

Available Property Tax Relief

About This Program

Allows homeowners age 65+ with household income under $96,000 to defer property taxes as a loan against their home. Loan plus 3% annual interest is repaid when home is sold or ownership changes.

Defers annual property tax bill as loan at 3% interest, repaid when home is sold

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Defer property taxes as loan at 3% interest
  • Homeowner must be age 65+
  • Household income under $96,000
  • Repaid when home is sold
  • Apply by November 15 annually

How to Apply

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

Deadline: Apply by November 15 annually

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