To claim the exemption, the homeowner must make a one-time filing with the county assessor where the property is located. Complete a homestead declaration form.Sign your declaration in front of a notary. Complete form BOE-266, Claim for Homeowners'. Property Tax Exemption. If you qualify all you have to do is file an application with your local county office. Before you begin to fill out the application, be prepared with the names, social security numbers, dates of birth and annual income for all family members. To receive an exemption, a property owner must file a claim for the exemption with the County Assessor. Exemptions may not apply to the taxes of certain special. The Low-Income Housing Tax Credit (LIHTC) program is the most important resource for creating affordable housing in the United States today.