RENTERS

SCRIE (Senior Citizen Rent Increase Exemption): Freezes the rent for head-of-household seniors 62 and older who live in rent-regulated apartments.
DRIE (Disability Rent Increase Exemption): An exemption against future rent increases for eligible disabled persons living in rent-controlled, rent-stabilized, Mitchell-Lama and other eligible apartments.
SNAP (Supplemental Nutrition Assistance Program): Provides benefits to low-income individuals and families and provides economic benefits to communities.
HEAP (Home Energy Assistance Program): Helps low-income people pay the cost of heating their homes.

COOP OWNERS

STAR (School Tax Relief Program): Reduces school district property taxes on the primary residences of New York residents.
SCHE (Senior Citizen Homeowners Exemption): A property tax reduction for seniors who own condominiums, or cooperative apartments.
VE (Veterans Exemption): Qualifying veterans and their family members are eligible for property tax breaks in New York City.
DHE (Disabled Homeowners Exemption): A property tax reduction for disabled New Yorkers who own condominiums, or cooperative apartments.

HOME OWNERS

STAR (School Tax Relief Program): Reduces school district property taxes on the primary residences of New York residents.
SCHE (Senior Citizen Homeowners Exemption): A property tax reduction for seniors who own one-, two-, or three-family homes
VE (Veterans Exemption): Qualifying veterans and their family members are eligible for property tax breaks in New York City.
DHE (Disabled Homeowners Exemption): A property tax reduction for disabled New Yorkers who own one-, two-, or three-family homes.

GSBDC counsels and completely packages documents for all exemptions, which allows our clients to remain in their apartments and homes, and the reduced monthly rent/real property taxes creates surplus for daily living expenses.

For more information regarding Subsidies and Exemptions, contact us.