Effective 2024 (FY24), which began July 1, 2023, the City of College Park will provide a $150 credit of the City portion of the property tax bill, for up to 5 years.

Who is eligible for this credit?
To be eligible for this credit, you must meet all of the following criteria:

At least one homeowner is age 65 or over (by June 30 of the prior fiscal year), AND

  • The eligible homeowner has resided at the property the credit is sought for at least the previous ten fiscal years AND
  • The assessed value of your property does not exceed $500,000 (adjusted annually for new applicants by the lesser CPI or 3%) as of July 1, 2023.

Applications must be received by October 1 of the fiscal year the credit is sought. For FY2024, the deadline is February 1, 2024.

You can find the application here.