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
Justice Department drops Federal Reserve probe, kicks to watchdog
Pritzker: ‘Need for speed’ for megaprojects bill with tax breaks
NYC schools probed over claims of antisemitism
Lusciatti, Spee Lead Lincoln-Way West to Thrilling Third-Place Finish at Minooka Conference Clash
Illinois Quick Hits: AFP says tax breaks would be more at Soldier Field
Soldier’s insider trading case puts prediction markets to the test
U.S. will continue blockade ‘as long as it takes,’ Hegseth says
Will County Takes Jurisdiction of Countyline Road in $1.84 Million Agreement with Kankakee County
Green Garden Township’s Wildflower Farm Granted Third Special Use Extension
Gori seeks quick end to asbestos fraud, lawsuit ‘bounties’ case
Texas Ten Commandments law may reach Supreme Court
Feds reopen probe into LAUSD race-based program