Loading...
Northampton CPA Tax Surcharge Exemptions 2018City of Northampton Community Preservation Committee 210 Main Street, City Hall Northampton, MA 01060 Northampton CPA Tax Surcharge Exemptions  The first $100,000 of taxable value of residential real estate. This exemption is automatically applied to residential property taxes prior to bills being issued in Northampton.  Property owned and occupied by a person who would qualify for low income housing or low or moderate income senior housing. Residents must apply annually with the assessor to receive this exemption. Moderate Income is 100% of the Dept. of Housing and Urban Development's (HUD) Area-wide Median Income figure; Low Income is 80% of HUD's Area-wide Median Income figure. Northampton’s limits are provided below. Northampton CPA Income Limits for Exemptions – 2018 Household Size Moderate Income Limits (properties owned and occupied by a senior 60 or older) Low Income Limits (properties owned and occupied by non- seniors) 1 person $51,730 $41,384 2 people $59,120 $47,296 3 people $66,510 $53,208 4 people $73,900 $59,120 5 people $79,812 $63,850 6 people $85,724 $68,579 7 people $91,636 $73,309 8 people $97,548 $78,038