New Mexico Property Tax Freeze for Seniors

Acerca de Este Programa

New Mexico law allows heads of household age 65+ with modified gross income below threshold to freeze property valuation for tax purposes. Prevents property tax increases due to rising home values. Must reapply annually with income verification.

Tax savings vary based on home value appreciation and local mill levy

Detalles Clave

• Freezes property valuation for tax purposes
• Must be 65+ and head of household
• Income limit applies (check annually)
• Must reapply each year by June 1
• Prevents tax increases from rising home values

Como Solicitar

Un contratista con experiencia en subvenciones en Las Cruces, NM puede encargarse del papeleo, las inspecciones y los plazos para que sus fondos se liberen a tiempo. La conexion es gratuita.

Deadline: Apply by June 1 annually