Some low-income senior, blind and disabled homeowners in California can postpone their property taxes thanks to a state-funded program that was axed during the recession but revived, less generously, starting Oct. 1.
Homeowners have until Feb. 10 to apply for postponement of their 2016-17 property tax. About $13 million in loan postponements are available this fiscal year; they will be awarded on a first-come, first-served basis.
So far, only 487 homeowners statewide have qualified for postponement this year, including 118 in the Bay Area, according to the California State Controller’s Office, which runs the program. In 2007-08, there were about 5,500 participants in the predecessor program, which was suspended indefinitely in February 2009.
The new program has been slow to take off because “they have made...