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    City Offers Payment Plans and Deferral Programs for Property Tax Payments

    COVID-19  •  Citywide

    Department of Finance Payment Calculator Image Credit: Department of Finance

    Department of Finance looks to ease tax burden on homeowners through deferment programs and suspension of the annual tax lien sale. On March 24, 2020, the Department of Finance announced several measures intended to assist property owners with their tax payments amidst the COVID-19 outbreak. With unprecedented unemployment rates, many throughout the city will have difficulty paying their taxes come the close of the fiscal quarter and going forward. Each of the following programs is aimed to lower the amount of taxes owed and provide payment plans for those individuals who qualify. The programs are as follows:

    (read more…)

    Tags : COVID-19, Department of Finance, Foreclosure Sale, Mayor Bill de Blasio, Tax abatement, Tax Deferment, Tax Payments
    Date:04/07/2020
    Category : Department of Finance
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