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Low and Moderate Income Homeowners Property Tax Relief Applications Due June 30

The Low and Moderate Income Homeowners Property Tax Relief program is a rebate program operated by the State of New Hampshire’s Department of Revenue Administration that provides a relatively small amount of property tax relief to homeowners with limited incomes. Applicants have until June 30, 2019 to apply for a rebate, and may find the required forms on the Department of Revenue Administration’s website.

Eligible homeowners must earn $20,000 per year or less for a single homeowner or $40,000 per year or less if a person is married or a head of a household. The rebate is based on the assessed value of the property, with a cap in the calculation limiting consideration to the first $100,000 of estimated property value. The rebate is higher for those with lower incomes, based on different income brackets ranging from less than $12,500 for a single person up to a $35,000 to $40,000 bracket for a married person or head of a household. These dollar figures are not adjusted for inflation, and were first written into law in 2001. There are bills that were considered both in the House and the Senate during the 2019 Legislative Session to update these figures, but both have been tabled or rereferred after passing their originating chamber.Graph of Claims Accepted and Average Rebate

The average rebate is relatively small compared to the overall amount of property taxes paid per capita in New Hampshire, and program use has been decreasing even as the inflation-adjusted aggregate amount levied by property taxes statewide has been increasing. The estimated amount of property tax revenue collected in New Hampshire during 2016, based on a survey of state and local governments conducted by the U.S. Census Bureau, was about $3,000 per capita, including people who do not own homes and for each member of a family who might be living in a home. The average amount of property tax relief provided through the Low and Moderate Income Homeowners Property Tax Relief program was approximately $170 in both 2016 and 2017, based on historical claims data from the Department of Revenue Administration.

The program provides a rebate relative to the homeowner’s liability under the Statewide Education Property Tax, which accounts for about 10 percent of all property taxes paid to the State and to local governments in New Hampshire combined. Most property taxes are paid to local governments, such as counties, municipalities, and school districts, which have very limited options for collecting tax revenue other than the property tax.

For more information on the sources through which the State raises revenue, see NHFPI’s Revenue in Review resource.

 

Low and Moderate Income Homeowners Property Tax Relief Applications Due June 30 (PDF)

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Pending Federal Proposals Would Reduce SNAP Benefits, Including Enrollment of Households with Children

25 Oct 2019

tree with coins

The Supplemental Nutrition Assistance Program (SNAP), known as the New Hampshire Food Stamp Program in the Granite State, helps families and individuals with lower-incomes put food on the table. Eligibility for SNAP is based on gross and net income, assets, household size, and other factors. Additionally, a large portion of SNAP eligibility is dependent on meeting certain work requirements. In September 2019, 73,671 Granite Staters were enrolled in SNAP, including 28,361 children. About one in nine children in New Hampshire receive SNAP benefits, based on these most recent data. Enrolled older adults and individuals with disabilities also rely on SNAP for food assistance.