Property Tax and Interest Deferral
(PT AID) Program

The maximum income you can earn to be eligible for a PT AID payment plan will increase to $98,700 as of October 28, 2024.

The NYC Department of Finance recognizes that an unexpected event or hardship may make it difficult for you to pay your property taxes. If you qualify for the Property Tax and Interest Deferral (PT AID) program, you can defer your property tax payments, or pay only a small percentage of your income, so that you can remain in your home.

To determine the best payment plan for you, use the payment plan screening tool.

Highlights

Available Plans

Low-Income Senior (LIS) Plan

Senior homeowners experiencing hardship can fully or partially defer payment of their delinquent and future property taxes for either a fixed or indefinite period of time. You can choose to pay 0% (full deferral), 25%, 50%, or 75% of your delinquent and future property taxes. For more information, including terms and conditions, download an application from the list below.

Eligibility

Visit the PT AID Payment Terms Estimate to get an idea of what your payments may look like.

Fixed-Term Income-Based (FTI) Plan

Homeowners can enter into a payment plan which limits their payments to a maximum of 8% of their adjusted gross income. The plan may include only the delinquent amount or the delinquent amount plus charges projected to be due over the next year. For more information, including terms and conditions, download an application from the list below.

Eligibility

Extenuating Circumstances Income-Based (ECI) Plan

Homeowners experiencing extenuating circumstances can enter into a payment plan which limits their payments to a maximum 8% of their adjusted gross income while the hardship persists. The Department of Finance defines "extenuating circumstances" as involving the death or serious illness of a property’s owner or immediate family member, loss of income, or enrollment in the Department of Environmental Protection’s Water Debt Assistance Program. For more information, including terms and conditions, download an application from the list below.

Eligibility

Visit the PT AID Payment Terms Estimate to get an idea of what your payments may look like.

PT AID Payment Agreement

The NYC Department of Finance recognizes that an unexpected event or hardship may make it difficult for you to pay your property taxes. If you qualify for the Property Tax and Interest Deferral (PT AID) program, you can defer your property tax payments so that you can remain in your home. The Property Tax and Interest Deferral program removes properties from the tax lien sale once an application is complete.

To apply for a PT AID payment agreement, download and complete the application below, or call 311 for assistance.

PT AID Payment Agreement Applications & Worksheets

Contact PT AID using the online Customer Service Center for any questions not addressed by the above links.

To inquire about the status of your application, contact PT AID using the online Customer Service Center.

Please note that the Department of Finance will send you an online link to a renewal and change form with your current plan information when it is time for you to renew. Unless you are enrolled in the LIS plan, you may only make changes to your plan once every six months.

If you are not eligible for PT AID, Department of Finance has a standard payment plan and a reduced interest rate payment plan. Visit the property tax payment plans page for more information

Apply in Person

Department of Finance Business Centers

You can submit your PT AID application to a Department of Finance business center.

Foreign language interpretation services for over 175 spoken languages are available in all five of our borough business centers. Visit the information desk and request an interpreter for your language.

Sign language interpreters are available for Department of Finance transactions, including parking ticket hearings and appeals. Call 311 or download and submit the e Request for Sign Language Interpreter application.
For TTY service for the hearing impaired
Call 212-639-9675 (a tele typewriter device is required to use this service).

Get Help

Need help? Contact 311 or PT AID.