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In the beginning of December, you will receive a letter in the mail from the City of Philadelphia describing a new Real Estate Tax relief program for longtime homeowners, called LOOP, the Longtime Owner Occupants Program.

To see how much you can save or to get more information, call 215-686-9200 or visit www.phila.gov/LOOP .

You have been pre-selected for this program based on your property’s change in assessed value but, please, read the paperwork carefully to see if you meet the other qualifications. If you do, fill out the enclosed LOOP application and return it by January 15th, 2014.

Avi melamed wordpress hosting is scheduled for Tuesday, September

Don’t throw away valuable real estate tax savings. Apply for LOOP.

City of Philadelphia

Department of Revenue

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The City of Philadelphia has released a training video to address LOOP relief (Longtime Owner Occupied Program) to offset tax increases from the property tax Actual Value Initiative (AVI).

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On the eve of the deadline to apply for the Homestead Exemption and a month before the cutoff date for property tax appeals, the Crosstown Coalition of Taxpayers on Thursday released two comprehensive guides for concerned residents: “An AVI Appeal Guide” and “AVI Survival Guide.”

“The guides will help homeowners through the sometimes complicated process of filing an appeal to the Board of Revision of Taxes,” said Walt Spencer, one of two authors of the guides. The guides, also written by Rene Goodwin, provide information on real estate tax relief programs including homeowner and tenant rebate programs and senior citizen relief programs.

“We view the Coalition’s ongoing goal as working toward a real estate tax system that is fair and transparent,” said Steve Huntington, a coordinator at the Crosstown Coalition, which counts as members 21 civic associations across the City of Philadelphia. “Until we achieve that goal, we believe it is important to educate the general public about their right to appeal inaccurate assessments.”

The deadline to apply for the Homestead Exemption, by which owner-occupants can subtract $30,000 from the taxable assessed value of their homes, is Friday, Sept. 13, 2013. The deadline to file an appeal before the Board of Revision of Taxes (BRT) is Monday, Oct. 7, 2013.

The guides can be found here .

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The City of Philadelphia will host two Telephone Town Hall meetings to discuss property taxes.City officials will answer caller questions about the Actual Value Initiative and property tax relief programs, including the Homestead Exemption.

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The first telephone town hall is scheduled for Tuesday, September 3 and will begin at 7:15 pm and conclude at 8:15 pm. The second telephone town hall is scheduled for Tuesday, September 10 and will begin at 6:45 pm and conclude at 7:45pm.

Finance Director Rob Dubow, Chief Assessment Officer Richie McKeithen and Revenue Commissioner Clarena Tolson will answer questions during both Telephone Town Hall meetings.

Interested residents can pre-register for the town hall by logging on to www.phila.gov or by calling 215-686-9200. Individuals who pre-register will receive a call from the town hall when the session begins. Residents can also join the town hall without pre-registering by calling 1-877-229-8493 and using the ID code 111479 during the town hall session.

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