The Homestead Act of 1862 is recognized as one of the most revolutionary concepts for distributing public land in American history. The Taxpayer Relief Act provides for property tax reduction allocations to be distributed to school districts through a "homestead or farmstead exclusion."1. Fill in the parcel number of the property for which you are seeking a homestead exclusion. Public Encouraged to Help City Develop Long-Range Framework for Sustainable, Equitable and Livable Mobility in Pittsburgh.