High Point leaders are considering a new property tax relief program for low-income homeowners as part of next year’s budget.
The program would cover up to half of a homeowner’s city property tax bill. To be eligible, residents would need to have owned a single-family home in High Point for at least five years, and the property’s assessed value would have to be under $250,000.
Officials say the initiative could mirror similar tax relief efforts already offered by Guilford County and Greensboro…