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. Important information regarding the Senior, blind, and disabled citizens property tax postponement program.The homestead exemption allows lowincome senior citizens and permanently and totally disabled Ohioans, to reduce their property tax bills. In order to receive this tax credit you must complete an application with the County County Auditor certifying the property is your primary residence. To claim the exemption, the homeowner must make a one-time filing with the county assessor where the property is located.