Help on the Way: Council Approves Funding for Homeowner Stabilization Fund – Chelsea Record
Help is on the way for homeowners that find themselves with increasing tax bills, as the City Council on Monday voted 10-0 to transfer $750,000 to the Homeowner Stabilization Program to help some owner-occupants with tax increases. The Homeowner Stabilization Fund had been in existence and had a $250,000 balance this fall, but after the tax rate was set and it was discovered many people were going to get his with tax increases – particularly two-family and three-family homeowners – it was proposed to be expanded. The program combined will have $1 million in funding and will be available t...
Source: chelsearecord.com