Manhattan Township Seniors Could Benefit from Proposed State Property Tax Relief
Manhattan Township Meeting | August 2025
Article Summary: More senior citizens in Manhattan Township may soon qualify for property tax relief, as Assessor Joe Oldani reported that state legislation is pending to significantly increase the income eligibility limit for the Senior Citizen Assessment Freeze Homestead Exemption. The change would raise the income ceiling from $65,000 to nearly $80,000 over several years.
Senior Freeze Exemption Key Points:
-
A pending state law would increase the maximum income for the Senior Freeze Exemption.
-
The income ceiling would rise incrementally from the current $65,000 to a final cap of $79,000.
-
The assessor also reported that Manhattan Township will not receive a final assessment factor, or multiplier, from Will County for 2025.
Senior homeowners in Manhattan Township may soon get a break on their property tax bills, the Township Board learned on Tuesday, August 12, 2025.
During his monthly report, Township Assessor Joe Oldani announced that a state law is pending that would raise the income threshold for the Senior Citizen Assessment Freeze Homestead Exemption. This program allows qualified seniors to “freeze” the equalized assessed value (EAV) of their homes, protecting them from increases due to inflation or rising property values.
Currently, the maximum household income to qualify is $65,000. Oldani reported the new legislation would raise that ceiling incrementally over several years, starting at $75,000 and eventually capping out at $79,000. This change would allow more seniors on fixed incomes to qualify for the tax relief program.
In other assessment news, Oldani informed the board that the Will County Supervisor of Assessments Office will not be applying an increased final assessment factor to Manhattan Township for 2025. The lack of a township-wide multiplier means property assessments will not see a blanket increase from the county this year.
Latest News Stories
Deferred maintenance blamed in I-64 bridge hole
Supreme Court strikes down Texas redistricting lawsuit, upholds new maps
Supreme Court to hear migrant farm worker case
Illinois quick hits: Convicted felon suspected of shooting two officers; Chicago Mayor orders up to $900,000 for additional peacekeepers; Belleville man faces attempted murder charge
Lincoln-Way D210 Approves $483,000 Agreement with Illinois Bone and Joint Institute, Adds Seventh Athletic Trainer
Manhattan Fire Board Reviews Financials, Navigates ‘No Tax on Overtime’ Law
Pitching Duo Dominates as Lincoln-Way West Baseball Edges Oak Forest 4-2
Will County Passes Comprehensive Adult Entertainment Ordinance
Manhattan Village Board Unanimously Adopts $32.7 Million Budget for Fiscal Year 2027
Correspondents’ dinner attacker detained with multiple weapons
BREAKING: Trump, cabinet OK after shots fired at White House Correspondents dinner
U.S. House Republicans face jam-packed week ahead
Trump again scraps peace talks with Iran
U.S. Supreme Court to hear TPS for Haiti, Syria Wednesday