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Benefit

Property Tax Postponement

Allows eligible seniors, blind, and disabled homeowners to defer current-year property taxes, with the state paying taxes in exchange for a low-interest lien.

JJ Ben-Joseph
JJ Ben-Joseph
💰 Funding Defers up to 100% of current-year property taxes on a principal residence
📅 Deadline Applications accepted October 1 to February 10 each tax year
📍 Location California
🏛️ Source California State Controller's Office
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Quick Facts

  • Benefit type: Property tax deferral for eligible homeowners.
  • Maximum benefit: Up to 100% of current-year property taxes on a principal residence.
  • Who it helps: California homeowners age 62+, or who are blind or disabled.
  • Income limit: Total household income $55,500 or less.
  • Equity requirement: At least 40% equity and no reverse mortgage.
  • Application window: October 1 to February 10 each tax year.

Program Overview

The California Property Tax Postponement (PTP) Program lets qualified homeowners defer current-year property taxes on their primary residence. The State Controller pays the tax bill on your behalf, and the deferred amount becomes a low-interest lien that must be repaid later. This program helps seniors and disabled homeowners preserve cash flow while staying current on property taxes.

Eligibility Requirements

You must meet all of the following:

  1. Age or disability status: Age 62 or older, or blind, or disabled.
  2. Ownership and occupancy: Own and occupy the home as your principal residence.
  3. Household income: $55,500 or less.
  4. Home equity and mortgage status: At least 40% equity and no reverse mortgage.

How the Benefit Works

  • The state can defer up to 100% of the current-year property tax bill on your primary residence.
  • The deferred taxes are secured by a lien with a low interest rate.
  • You remain responsible for any taxes not covered by the program.

Application Steps

  1. Confirm eligibility: Verify age/disability, income, ownership, equity, and mortgage status.
  2. Complete the application: Use the current PTP application for the tax year.
  3. Submit on time: Applications are accepted between October 1 and February 10.
  4. Follow up if needed: Respond promptly if the State Controller’s Office requests additional documentation.

Documentation Checklist

  • Proof of age or disability status.
  • Proof of ownership and occupancy (primary residence).
  • Household income documentation.
  • Evidence of home equity and mortgage status.
  • Current-year property tax bill.

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