The Senior Citizen Property Tax Deferment program is administered by the state.
Eligibility requirements
To qualify, you must be 65 years old with a household income of $96,000 or less. If married, one spouse must be 65 or older, and the other must be at least 62. You must have lived and owned your home for the last five years — plus have the home classified as a homestead for the same timeframe.
In this program, property taxes do not exceed 3 percent of net income. The rest is paid by the state in the form of a low interest loan.
The loan plus interest will become a lien on the property, which is paid at the time of sale or when the deferral is canceled.
Any property tax refunds from the state are applied to the loan.
Applying
Applications are due by Nov. 1 to defer your property taxes the following year. Instructions are available from the Minnesota Department of Revenue website.