Hawaii Homeowners May Qualify for Real Property Tax Credit
In an effort to provide financial relief for qualified homeowners on O‘ahu, the City and County of Honolulu is accepting applications for its Real Property Tax Credit Program for the 2022-2023 tax year.
“At this very moment, many of our neighbors, friends, loved ones, and kūpuna on fixed incomes are struggling to make ends meet,” said Mayor Rick Blangiardi. “This program is about saving people money on their property taxes at a time when they can truly use and need the extra help.”
The City offers a real property tax credit for homeowners who meet certain eligibility requirements. If you qualify, the amount of credit that you will receive to reduce your property tax next year will be based on your income and your current year’s taxes. For those who qualify, the credit will be applied to your property tax bill that you will receive in July of 2022.
The deadline to apply for the Real Property Tax Credit Program is September 30, 2021.
The eligibility requirements for the City’s Real Property Tax Credit Program are as follows:
- Homeowner must have a home exemption in effect at the time of application and for the subsequent tax year
- Any of the titleholders do not own any other property anywhere
- The combined income of all titleholders cannot exceed $60,000
For additional information and to view the program brochure please visit:
http://www.honolulu.gov/rep/site/bfs/treasury_docs/2022_Tax_Credit_Information_Brochure.pdf
To apply for the real property tax credit please visit: http://www.honolulu.gov/rep/site/bfs/treasury_docs/2022_Fillable_Application.pdf
Applications are also available at all satellite city halls. For more information or assistance, or to request that an application be mailed to you, call the Tax Relief Office at 808-768-3205.
