New York Governor Kathy Hochul announced a plan to distribute $2.1 billion in property tax relief to nearly three million residents. The funds will be disbursed throughout the summer and fall seasons. This relief is part of the state’s STAR program, which provides property tax exemptions and credits to eligible homeowners. The program aims to ease the financial burden of property taxes for New Yorkers. Details regarding eligibility and distribution schedules are expected to be released alongside the funding. This initiative represents a significant investment in supporting homeowners across the state.