This is a statewide program which reduces the property tax burden of qualified senior citizens and permanently and totally disabled homeowners. Cuyahoga, if your property was damaged in the storm, you can apply for a reduction in value and property tax assistance.The homestead exemp- tion provides a reduction in property taxes to qualified senior or disabled citizens, or a surviving spouse, on the dwelling that is that. How to apply for the Homestead Exemption to reduce your Real Estate Tax bill if you own your home in Philadelphia. A homestead exemption allows Ohioans who are considered low-income, disabled, or are at least 65-years-old to reduce their property taxes. No information is available for this page.