Pursuant to MCL 211.7u, eligible low-income homeowners may apply for an exemption from property taxes. An eligible person must own and occupy his/her home as a principal residence (homestead) and meet poverty income standards. The local Board of Review may interview the applicant in order to determine eligibility, according to the local guidelines, and will review all applications. An application is valid for one year, and you must re-apply each year for the exemption. Applications are available at your local assessor's office. For more information, contact your local assessor's office.…