WAMU 88.5 : News

Filed Under:

Under D.C. Budget, Property Tax Exemption For Seniors Sees Tweaks

Play associated audio

Starting next year, D.C. residents will get tax cuts, totaling some $143 million dollars a year. But some seniors won't be getting a property tax exemption the D.C. Council had passed last year aimed at helping long-time residents stay in their homes.

Under a law authored by Council Member Anita Bonds (D-At Large), your property tax bill would read zero if you're over 70 and have owned your D.C. home for more than 20 years. But that changed in the budget the Council recently passed — the budget bill replaced the automatic tax exemption with a tax deferral.

"Why do we want to make it more complicated for our older residents?" asks Bonds. "Being exempt from paying a tax is quite different from being able to defer it and pass it on to your heir."

Bonds says many seniors won't take advantage of it. While an estimated 6,800 residents would have received the exemption, only 2,000 will take the deferral.

But the new budget also expands tax relief to senior renters, explains Jenny Reed of the D.C. Fiscal Policy Institute.

"In our research, we've actually found that senior renters are more likely to have high housing cost burdens than senior homeowners in D.C.," she says.

The tax changes go into effect January 1.

NPR

With 'Formation,' Beyoncé Lights Up The Internet. Here's What People Are Saying

The singer's new music video quickly drew commentary of all kinds — on its references to being black in America, Hurricane Katrina and Black Lives Matter.
NPR

Calif. Restaurant Gives Diners Ocean View — Up Close

The Marine Room is a restaurant right on the beach. When the tide is high, waves will literally hit the windows.
NPR

This Year, Anger Is All The Rage In Politics. Why?

It seems that anger is all the rage in this year's election. In a commentary, NPR's Michel Martin reflects on anger as a habit, a practice and a choice.
NPR

Super Bowl 50 Tightens Cybersecurity

This year's Super Bowl will be held in the most technologically advanced stadium in the world. FBI special agent John Lightfoot talks to NPR's Rachel Martin about the threat of cyber attacks.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.