The state of New York has launched the second phase of its School Tax Relief (STAR) program, providing financial relief to homeowners to help ease the burden of school taxes. This initiative, driven by Governor Kathy Hochul, will offer checks or direct deposits to millions of eligible residents across the state.
What is the STAR Program?
The STAR program is designed to reduce the school taxes that homeowners in New York must pay. It provides financial aid to help lessen the burden of property taxes used to fund public schools. The program aims to support families during times of economic uncertainty and contrasts with federal policies that local authorities say are cutting funding.
Governor Hochul emphasized the importance of the program, stating, “The STAR program provides much-needed school tax relief to millions of New York homeowners. My administration is putting money back in the pockets of families with the delivery of checks and credits that continue to reach hundreds of thousands of homeowners across the state.”
Who is Eligible for Phase Two STAR Deposits?
In phase two of the STAR program, eligible homeowners are those living in communities where school tax payments are due in August or September. If you live in these areas and meet the requirements, you can expect to receive financial relief from the state.
How Much Will the STAR Program Benefits Be?
The amount of financial aid varies depending on the homeowner’s situation:
Eligible homeowners will receive checks ranging from $350 to $600.
Seniors may receive $700 to $1,500, depending on their eligibility.
This financial assistance will help reduce the burden of school taxes for many New Yorkers, providing timely relief for families and seniors alike.
With this second phase of the program, New York continues its commitment to providing financial support to its residents, especially during challenging times.
