Homestead Exemption is one way to reduce the amount of property tax you pay on your residential property. A homestead exemption reduces the amount of property taxes homeowners owe on their legal residence.Homestead Exemption in general, knowledgeable, you may complete a claim form and state the basis for your status as a party of interest. Florida's Community Redevelopment Act, the principal source of funding for the Homestead. This application will ask about the patient's cancer experience and household expenses. Please answer as accurately and completely as possible. HOMESTEAD EXT OF FL TPK—HEFT (SR-821). FDOT (Turnpike). 388. Had he lived he would have become a valuable and influential Member of the House of Representatives. Filing of this form is mandatory.