The exemption, however, does not cover taxes or nonpayment of taxes. Exemption applications must be filed with your local assessor's office.See our Municipal Profiles for your local assessor's mailing address. You can get information about your property tax benefits, including: Application status, Current benefit amounts, Proposed benefit for the upcoming tax year. Senior Citizen Homeowners' Exemption (SCHE). Eligibility. The homestead tax exemption applies to property taxes. Homestead exemptions protect homeowners in financial distress from losing their entire property holdings to their creditors. STAR is the New York State School Tax Relief program that provides an exemption from school property taxes for owner-occupied, primary residences.