The Taxpayer Relief Act provides for property tax reduction allocations to be distributed to school districts through a "homestead or farmstead exclusion." The mission of the Department of Community and Economic Development (DCED) is to foster opportunities for businesses to grow and for communities to succeed.How to apply for the Homestead Exemption to reduce your Real Estate Tax bill if you own your home in Philadelphia. Deadline for filing the application is March 1 and within 30 days applicants will be notified if they qualify for a real estate tax reduction. The deadline for property owners to apply with the County Assessment Office is March 1. There is no application fee for filing. To receive a homestead or farmstead exclusion, a Pennsylvania resident must submit an application to the county assessor prior to March 1. County Treasurer's Office provides assistance in completing the application for individuals who require help. 436 Grant Street Allegheny County Courthouse
