Property Tax Postponement
The State Controller’s Property Tax Postponement Program allows homeowners who are 62 or older, blind, or have a disability, to defer current-year property taxes on their principal residence if they meet certain criteria including 40 percent equity in the home and an annual household income of $45,000 or less.
Pursuant to State law, the Program will not cover any defaulted taxes or any delinquency fees, penalties, or interest. The interest rate for taxes postponed is 7% per year as compared to 18% per year for defaulted taxes. Repayment under this Program becomes due when the homeowner:
- Moves from or sells the property
- Transfers title
- Defaults on a senior lien
- Refinances the residential dwelling
- Elects to participate in a reverse mortgage program
- Dies
Applications are accepted from October 1 to February 10 each year and can be obtained by visiting Property Tax Postponement | California State Controller. Funds are limited and applications will be approved on a first come, first serve basis. For more detailed Program information visit https://www.sco.ca.gov/ardtax_prop_tax_postponement.html or contact the State Controller’s Office toll-free at (800) 952-5661 or email postponement@sco.ca.gov. In addition, you may also contact the Treasurer-Tax Collector’s office at (209) 468-2133 or email tax@sjgov.org.