What is LOOP and what does it offer property owners?

LOOP is a property tax relief program for Philadelphia property owners whose certified market valuations more than tripled from 2013 to 2014, offering savings on property taxes for 10 years.

How long must a property owner have owned their property to qualify for LOOP?

The property owner must have owned the property since July 1, 2003 to be eligible for LOOP.

Are there income limits to qualify for LOOP?

Yes, there are income limits based upon household size that applicants must meet to qualify for LOOP.

Can a property with a tax abatement qualify for LOOP?

No, the property cannot be subject to a tax abatement in order to qualify for LOOP.

What is the deadline to apply for LOOP property tax relief?

An application must be submitted before February 17, 2014 in order to receive the benefit for that year.

Must the property owner live at the property to qualify for LOOP?

Yes, the property owner must reside at the property to be eligible for LOOP tax relief.

What are the tax payment requirements to qualify for LOOP?

The property owner must be current on their property taxes, up-to-date on a payment plan, or have an application for a payment agreement pending.

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Longtime Property Owners In Philadelphia May Be Eligible For Substantial Tax Relief

Q: What type of property qualifies for LOOP tax relief?

The property must be either a single family or a multi-unit property with no more than 3 residential units and 1 commercial unit.

Alan Nochumson : Updated on June 17, 2026

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Longtime Property Owners In Philadelphia May Be Eligible For Substantial Tax Relief

Longtime Property Owners Tax Relief - Nochumson P.C.

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Under LOOP, property owners who saw their certified market valuations more than triple from 2013 to 2014 will save money on their property taxes for the next 10 years if they qualify.

Eligibility and Deadline for LOOP Property Tax Relief

In order to qualify for LOOP, the property owner must have owned the property since July 1, 2003 and be current on their property taxes or up-to-date on a payment plan or have an application for a payment agreement pending.

Furthermore, the property owner must reside at the property, the property must be either a single family or a multi-unit property with no more than 3 residential units and 1 commercial unit, the property cannot be subject to a tax abatement, and there are income limits based upon household size.

An application for property tax relief under LOOP must be submitted before February 17, 2014 in order to get the benefit for this year.

To download an application, you should visit:

http://www.phila.gov/loop/PDF/LOOPApplicationEnglish.pdf

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