Damián Lara promotes home value freeze for New Mexico seniors and disabled residents

The Bernalillo County Assessor's meeting on April 4, 2025, focused on the important topic of property value freezing for senior citizens and disabled residents. Damián Lara, a key speaker at the meeting, emphasized the county's commitment to protecting its elderly population, who have dedicated their lives to their homes.

Lara explained that residents aged 65 and older, or those who are disabled and earn less than $42,900, may qualify for a property value freeze. This program is designed to help these individuals maintain their homes by preventing increases in property taxes based on rising property values.

The discussion highlighted the significance of this initiative in supporting vulnerable community members, ensuring they can remain in their homes without the burden of escalating costs. The meeting underscored Bernalillo County's ongoing efforts to provide financial relief and stability for its senior and disabled residents.

As the county moves forward, officials will continue to promote awareness of the property value freeze program, encouraging eligible residents to take advantage of this important benefit.