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
Manhattan Fire Trustees Extend Chief Contracts Through 2029
Illinois House returns to session with plans for SAFE-T Act, Israel, taxes
Illinois quick hits: Bovino bounty trial to begin; Judge sentences Kentucky man to 15 years in drugs case; Pritzker criticizes Trump’s first year as Trump marks accomplishments
IL AG reviews battles vs. Trump administration: ‘365 days of chaos’
Largest U.S. band manufacturer plans to leave Ohio, send some production overseas
WATCH: Trump says he plans to send out $2,000 tariff checks without Congress
House to vote on last four govt. funding bills costing $1.2 trillion
Illinois House speaker, unions push millionaire’s tax as lawmakers return
Reports: Walz, Frey, Ellison among those issued subpoenas by U.S. Justice
Supreme Court hears arguments in ‘vampire rule’ gun case
Trump slams ‘stupid’ UK decision to give back key military base
Bill would block Arizona Guard from unauthorized U.S. wars