Sentences with phrase «exemption sche»
«The property tax exemption SCHE / DHE provides is huge boost for the many senior and disabled homeowners struggling to make ends meet in our city.
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The Senior Homeowners Exemption (SCHE) and Disabled Homeowners Exemption (DHE) programs provide major property tax exemptions to residents living on fixed incomes.
The legislation, which received support from Mayor Bill de Blasio, raises the income cap for SCHE and DHE to $ 50,000 for a full 50 % property tax exemption and to $ 58,400 for a partial exemption.
Many hardworking New Yorkers, including many of those who live in my community in Queens, rely on SCHE or DHE exemptions, and for too long those whose annual income fell just above the threshold of $ 37,400 were excluded from much - needed benefits.
«Each year, the Senior Citizen Homeowners» Exemption (SCHE) and Disabled Homeowners» Exemption (DHE) programs help thousands of seniors and disabled residents remain in their homes.
«Expanding the Senior Citizens Homeowners Exemption (SCHE) will provide much needed tax relief to many senior citizen home owners» said Assembly Member Catherine Nolan.
We must help them stay in New York and increasing the eligibility income threshold for the SCHE / DHE exemptions programs is a step in the right direction,» said Assembly Member Brian Barnwell.
Current State law enables senior citizens and disabled individuals making up to $ 37,400 annually to qualify for property tax relief under the Senior Citizen Homeowners» Exemption (SCHE) or the Disability Homeowners» Exemption (DHE) programs.
«The Independent Democratic Conference long advocated to alleviate property taxes for our low - and middle - income senior and disabled homeowners through the Senior Citizen Homeowner Exemption (SCHE) and Disabled Homeowner Exemption (DHE) programs, which why Senator Diane Savino carries legislation to discount these unaffordable costs.
Currently, SCHE and DHE provide a property tax exemption of 50 percent of the assessed property value for senior and disabled homeowners making up to $ 29,000 per year, with homeowners making up to $ 37,400 receiving a smaller exemption on a sliding scale.
The Independent Democratic Conference have long advocated to alleviate property taxes for our low - and middle - income senior and disabled homeowners through the Senior Citizen Homeowner Exemption (SCHE) and Disabled Homeowner Exemption (DHE) programs, which is why Senator Diane Savino carries legislation to discount these unaffordable costs.
The New York State Senate recently passed legislation carried by Independent Democratic Conference member Senator Diane Savino, which would raise the income cap for SCHE / DHE to $ 50,000 for a full 50 % property tax exemption and to $ 58,400 for a partial exemption, which will provide much - needed relief to New York City homeowners.
This year, Senator Klein fought to increase the income eligibility for the SCHE and DHE programs which provide major property tax exemptions to residents living on fixed incomes.
This year, the IDC fought to increase the income eligibility for the SCHE and DHE programs which provide major property tax exemptions to residents living on fixed incomes.
Bronx, NY — Senator Jeff Klein (D - Bronx / Westchester), Mayor Bill de Blasio, joined by Assemblyman Mark Gjonaj, Assemblyman Michael Benedetto and Bronx seniors, celebrated the anticipated expansion of the Senior Homeowners» Exemption (SCHE) and Disabled Homeowners» Exemption (DHE) on Friday.
The bill expands the Senior Citizen Homeowners» Exemption (SCHE) and the Disabled Homeowners» Exemption (DHE), two indispensable programs that offer some of New York's most vulnerable residents who live on fixed incomes with a 50 % reduction on their property taxes.