Seeking more information on Homestead Exemption? The applicant and the applicant's spouse must be residents of Mississippi to be eligible for homestead exemption benefits.For homeowners who are older than 65 or completely disabled, the homestead exemption does not use the regular homestead exemption sliding scale. Exemption applications must be filed with your local assessor's office. See our Municipal Profiles for your local assessor's mailing address. Property Tax Exemption. Pursuant to MCL 211.7u, eligible low-income homeowners may apply for an exemption from property taxes. The filing deadline is PM on April 1. Property Link WAYNE COUNTY, MISSISSIPPI. To receive the benefit of the homestead exemption, the taxpayer must file an initial application.