The Property Tax and Interest Deferral (PT AID) program helps homeowners who are experiencing hardship defer payments for past and future property taxes and avoid the tax lien sale.

You may be eligible for a PT AID payment plan if:

  • You own a 1-, 2-, or 3-family home or a condominium unit
  • The property has been your primary residence for one year or more
  • The total income for all owners is $58,399 or less (federal adjusted gross income)

DOF offers three different PT AID programs for those who qualify. Each plan offers different payment options, terms, and requirements.

PT AID Payment Plan vs. Standard Payment Plan

Like the PT AID payment plans, a standard payment plan allows you to pay overdue property taxes in multiple installments, but because it doesn't take into account your income or ability to pay, your scheduled payments are likely to be higher. Standard plans also don't allow you to defer payments for future property tax bills; you must continue to make payments on your property taxes as they become due.

If you currently have a standard payment plan, you may switch to a PT AID plan if you are in good standing and meet the eligibility requirements of the program.

To learn more about standard payment plans, visit the Property Tax Payment Plan page.

Homeowners 65 and older who are experiencing hardship may be eligible for the Low-Income Senior (LIS) plan. Under the plan, you may be able to defer a portion of or all of your property tax payments.

Eligibility

You're eligible for the plan if:

  • You are 65 or older
  • You have owned a 1-, 2-, or 3-family home or a condominium unit for at least one year
  • You have lived on the property for at least one year
  • The combined income of all owners is $58,399 or less (federal adjusted gross income)

Plan Duration

You can choose a plan with a fixed period of time or without a fixed period of time.

  • Fixed period of time agreement will end after a certain number of years
  • A plan without a fixed period of time will end when you opt out or no longer qualify

If you no longer quality, your unpaid taxes will be due in full.

Amount of Deferred Payments

If you qualify, your payments for delinquent and future property taxes will be limited to 0% (full deferral), 25%, 50%, or 75% for a fixed period or long-term.

You should choose a payment percentage that best fits your budget. The more that tax payments are deferred, the higher the amount you will eventually have to repay.

To estimate the amount of each installment payment on the plan, use the LIS Plan Calculator.  After you finish calculating the payments, submit and print the payment plan calculator form to use in your application.

You can’t defer payment of:

  • More than 25% of your equity in a tax class 1 (one-, two-, or three-unit residential) property or 50% of equity for condominiums
  • Payments that are required because of any lien sold prior to making your application
  • Water or sewer bills

The total amount of deferred tax payments is capped when it equals or exceeds 25% of your equity in a tax class 1 (one-, two-, or three-unit residential) property or 50% of equity for condominiums.

A property's equity is the market value of the home minus any mortgages, liens, and other liabilities.

The payment of additional taxes and charges can't be deferred if the cap is reached. You may request adjustment of the deferral cap based on increase in market property value.

Low-income homeowners experiencing hardship may be eligible for the Fixed-Term, Income-Based (FTI) plan.

Eligibility

You're eligible for the plan if:

  • You have owned a 1-, 2-, or 3-family home or a condominium unit for at least one year
  • You have lived on the property for at least one year
  • The combined income of all owners is $58,399 or less (federal adjusted gross income)

Plan Duration

The term of the plan is calculated by dividing the total amount of income (2%, 4%, 6%, or 8% of AGI) by the monthly or quarterly payment amount.

After your plan expires, you must:

  • Pay current charges in full, and
  • Pay delinquent taxes in full or enter into a standard DOF payment agreement within six months

Amount of Deferred Payments

While you are on the plan, your monthly or quarterly payments for delinquent and projected taxes and charges due will be limited to 2%, 4%, 6%, or 8% of your adjusted gross income (AGI).

You should choose a payment percentage that best fits your budget. The more tax payments that are deferred, the higher the amount you will eventually have to repay.

To estimate the amount of each installment payment on the plan, use the FTI Plan Calculator. After you finish calculating the payments, submit and print the payment plan calculator form to use in your application.

You can’t defer payment of:

  • More than 25% of your equity in a tax class 1 (one-, two-, or three-unit residential) property or 50% of equity for condominiums
  • Payments that are required because of any lien sold prior to making your application
  • Water or sewer bills

The total amount of deferred tax payments is capped when it equals or exceeds 25% of your equity in a tax class 1 (one-, two-, or three-unit residential) property or 50% of equity for condominiums.

A property's equity is the market value of the home minus any mortgages, liens, and other liabilities.

The payment of additional taxes and charges can't be deferred if the cap is reached. You may request adjustment of the deferral cap based on increase in market property value.

Homeowners experiencing extenuating circumstances may be eligible the Extenuating Circumstances Income-Based (ECI) plan.

Eligibility

You're eligible for the plan if:

  • You have owned a 1-, 2-, or 3-family home or a condominium unit for at least one year
  • You have lived on the property for at least one year
  • The combined income of all owners is $58,399 or less (federal adjusted gross income)
  • You meet the definition of having extenuating circumstances

Extenuating circumstances involves the loss of income due to death, serious illness, or unemployment of owner or immediate family member, or enrollment in DEP’s Water Debt Assistance Program. You must submit documentation to prove your extenuating circumstance, such as a death certificate, income tax return, or medical document.

Plan Duration

The term of the plan is for a minimum of one year, but it may be extended if situation persists.

After your plan expires, you must:

  • Pay current charges in full and
  • Pay delinquent taxes in full or enter into a standard DOF payment agreement within six months

Amount of Deferred Payments

While you are on the plan, your monthly or quarterly payments for delinquent and projected taxes and charges due will be limited to 2%, 4%, 6%, or 8% of your adjusted gross income (AGI).

You should choose a payment percentage that best fits your budget. The more tax payments that are deferred, the higher the amount you will eventually have to repay.

To estimate the amount of each installment payment on the plan, use the ECI Plan Calculator. After you finish calculating the payments, submit and print the payment plan calculator form to use in your application.

You can’t defer payment of:

  • More than 25% of your equity in a tax class 1 (one-, two-, or three-unit residential) property or 50% of equity for condominiums
  • Payments that are required because of any lien sold prior to making your application
  • Water or sewer bills

The total amount of deferred tax payments is capped when it equals or exceeds 25% of your equity in a tax class 1 (one-, two-, or three-unit residential) property or 50% of equity for condominiums.

A property's equity is the market value of the home minus any mortgages, liens, and other liabilities.

The payment of additional taxes and charges can't be deferred if the cap is reached. You may request adjustment of the deferral cap based on increase in market property value.

To apply, you must choose which plan you want to apply for and submit a completed PT AID application and the required documents online, by mail, or in-person.

Online

Apply for the PT AID program.

By Mail

Mail to:

NYC Department of Finance
PT AID Unit
59 Maiden Lane, 19th Floor
New York, NY 10038

In Person

Bronx DOF Business Center
3030 Third Avenue, 2nd Floor (between East 155 and East 156 Streets)
Bronx, NY 10455
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Bronx Business Center.

Brooklyn DOF Business Center
210 Joralemon Street (between Court and Adams Streets)
Brooklyn, NY 11201
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Brooklyn Business Center.

Manhattan DOF Business Center
66 John Street (between Dutch and William Streets)
New York, NY 10038
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Manhattan Business Center.

Queens DOF Business Center
144-06 94th Avenue (between Liverpool Street and Sutphin Boulevard)
Jamaica, NY 11435
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Queens Business Center.

Staten Island DOF Business Center
350 St. Marks Place, 1st Floor (between Hyatt Street and Victory Boulevard)
Staten Island, NY 10301
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Staten Island Business Center.

Initial Application

Online

Download the:

By Mail

Call 311 to request a paper copy.

In Person

Bronx DOF Business Center
3030 Third Avenue, 2nd Floor (between East 155 and East 156 Streets)
Bronx, NY 10455
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Bronx Business Center.

Brooklyn DOF Business Center
210 Joralemon Street (between Court and Adams Streets)
Brooklyn, NY 11201
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Brooklyn Business Center.

Manhattan DOF Business Center
66 John Street (between Dutch and William Streets)
New York, NY 10038
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Manhattan Business Center.

Queens DOF Business Center
144-06 94th Avenue (between Liverpool Street and Sutphin Boulevard)
Jamaica, NY 11435
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Queens Business Center.

Staten Island DOF Business Center
350 St. Marks Place, 1st Floor (between Hyatt Street and Victory Boulevard)
Staten Island, NY 10301
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Staten Island Business Center.

PT AID Calculator Form

You must submit a payment terms calculator form with your application to confirm you know:

  • How the payment plan affects your budget
  • The amount of your installment payment
  • The length of your payment plan

To get the form, you must use a PT AID Calculator to answer questions about your property, how much you owe, and how often you want to pay.

Use the:

To apply for PT AID, you must provide:

  • A completed and signed application
  • A government-issued ID, such as a valid driver's license or non-driver ID
  • Your most recent federal or NY State tax return or the Income Worksheet
  • Your property's deed or title
  • A bank mortgage or insurance policy statement or a utility or credit card bill that's at least one year old
  • A completed and signed payment plan calculator form
  • If enrolled in the Department of Environmental Protection's Water Debt Assistance Program, include a document or statement from the program
  • For the ECI plan, you must include documentation of your extenuating circumstances, such as:
    • Death certificate
    • Income tax return for the past year
    • Unemployment compensation documents
    • Hospital documents
    • Military documents
    • Court documents

If DOF determines that you are eligible, you will be asked to pay for a title search report to identify mortgages and liens that affect your property's value.

If the Department of Finance confirms your eligibility, a title search report will be required of your property.

DOF will notify you by mail within 15 days whether your application has been approved or disapproved, or if more information is needed to be able to process your application.

Properties with incomplete applications will be placed in the next tax lien sale cycle if the application is not completed within 45 days or if DOF rejects the application.

Low-Income Seniors (LIS) Plan

You will leave the program if:

  • The fixed term expires
  • You don’t recertify or file a renewal application
  • You don’t address a missed payment within six months
  • You pass away
  • You move (unless you are hospitalized or relocate temporarily to a nursing home for three years or less)

When you leave the program, you or your beneficiary will have nine months to arrange for payment of deferred amounts. Failure to do so may cause the City to sell the tax lien.

If the owner is deceased, the surviving spouse will have 18 months to arrange for payment of deferred amounts. They may apply for deferral separately.

Fixed-Term, Income-Based (FTI) or Extenuating Circumstances (ECI) Plan

You will leave the program if:

  • The fixed term expires
  • You decide to finish your agreement before the term ends
  • You don’t recertify or file a renewal application
  • You don’t address a missed payment within six months
  • You move (unless you are hospitalized or relocate temporarily to a nursing home for three years or less)

When you leave the program, you will have nine months to arrange for payment of deferred amounts. Failure to do so may cause the City to sell the tax lien.

You can get answers to questions about PT AID and help applying or making payments on the program.

Online

Learn more about the PT AID program.

Contact the Department of Finance.

By Mail

Send a brief description of your request and include your phone number and address.

Mail to:

NYC Department of Finance
PT AID Unit
59 Maiden Lane, 19th Floor
New York, NY 10038

In Person

Bronx DOF Business Center
3030 Third Avenue, 2nd Floor (between East 155 and East 156 Streets)
Bronx, NY 10455
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Bronx Business Center.

Brooklyn DOF Business Center
210 Joralemon Street (between Court and Adams Streets)
Brooklyn, NY 11201
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Brooklyn Business Center.

Manhattan DOF Business Center
66 John Street (between Dutch and William Streets)
New York, NY 10038
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Manhattan Business Center.

Queens DOF Business Center
144-06 94th Avenue (between Liverpool Street and Sutphin Boulevard)
Jamaica, NY 11435
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Queens Business Center.

Staten Island DOF Business Center
350 St. Marks Place, 1st Floor (between Hyatt Street and Victory Boulevard)
Staten Island, NY 10301
Monday to Friday, 8:30 AM to 4:30 PM

Learn more about the Staten Island Business Center.