NYC Senior Citizen Homeowners' Exemption (SCHE)

About This Program

SCHE provides a property tax exemption of up to 50% for senior homeowners age 65 and over with combined annual income of $58,399 or less. The exemption amount decreases on a sliding scale as income increases.

Up to 50% reduction on property taxes; sliding scale by income

Key Details

• Up to 50% property tax exemption for seniors 65+
• Combined annual income must be $58,399 or less
• Sliding scale: lower income = higher exemption
• Must own and occupy property as primary residence
• Apply by March 15 each year through NYC Finance

How to Apply

Deadline: March 15 annually