Applications for property tax deferment for the 2018-19 tax year are now available. The program allows homeowners who are seniors, are blind, or have a disability and who meet income, equity, and other requirements to postpone payment of property taxes on their primary residence. The PTP Program returned in 2016 after being suspended by the legislature for seven years due to lack of funding in the wake of the Great Recession. In the 2017-2018 tax year, California homeowners were able to postpone close to $2.9 million in residential property taxes. Funding for PTP is limited, and applications will be processed in the order they are received beginning October 1.