Applicant Requirements:
- Must be a resident of Danbury
- Market Value of Property must be no greater than twice the Median Home Value at last Revaluation
- Median Valuation 2022 Revaluation was $250,670, Value threshold $501,340
- Total Real Estate Assets must be no greater than three times the Median Home Value
- Must be 65 Years old the December prior to filing or considered 100% disabled according to Social Security
- Meet Income Guidelines
- Income levels as established by OPM annually plus $20,000
- Gross Income plus Half (50%) Social Security
- Applications are taken by appointment only by calling 203-797-4556
- The Application period is February 1, 2025 - May 15, 2025
Benefit
2024 Grand List Qualifying Income Tax Credit Married Tax Credit Unmarried Over To
$0 $44,700 $1,200 $900
$44,701 $50,400 $1,000 $700
$50,401 $57,900 $ 800 $500
$57,901 $65,200 $ 600 $400
$65,201 $75,100 $ 500 $300
2024 Grand List Sample Application