Property Tax Relief for Accommodating Seniors and Disabled.

• Position: Ontario, Canada - Brief Article

The province of Ontario has expanded a tax-relief program designed to help the elderly and disabled live at home. Originally, only homes that were renovated or improved to accommodate a disabled person or senior citizen were eligible, but now relief is available for new homes designed to accommodate these citizens. For an existing home, the value of the improvement is exempt from taxation. For new homes, the exemption is 10 percent of the assessed value. To qualify, the property owner must...