Homestead Improvement Exemption

This exemption defers, for four years, any increase in the assessment of your property due to an addition or other improvement to your home for which the township assessor would add value.

• A maximum of $25,000 of assessed value may be deferred under this program.
  
  
• The township assessor's office initiates this exemption.
  
  
• The property has to be the taxpayer's principal residence.