Cook County will soon distribute $1,000 payments to some homeowners who saw a significant spike in property taxes in the past years, the county announced in April.
The Homeowner Relief Fund — a $15 million slice of the county’s 2025 budget the commissioners approved in October — will finance payments to homeowners whose household income is no more than the area median and whose property tax has increased by 50% in one year since 2021.
The county estimates roughly 110,000 households will be eligible for relief, said Dominic Tocci, a deputy bureau chief at the county’s Bureau of Economic Development, which directs the effort. He said the program is expected to fund up to 14,000 payments, and if needed, a lottery system will select the recipients, similar to the county’s guaranteed income pilot that concluded last year…