For example, many elderly homeowners take out a second mortgage to pay the college fees of their grandchildren.

Only certain elderly homeowners can receive the exemption in the first year, he said.

But their medical costs are probably fairly typical of what elderly homeowners face.

Many are elderly homeowners living on fixed incomes who can barely afford their taxes.

The city's sliding scale moves down to a 20 percent reduction for elderly homeowners whose incomes are no more than $15,600.

The elderly homeowners who were the focus in the speaker's plan would instead be covered by the $400 rebate.

For an elderly homeowner, the saving could amount to $2,160 a year.

But what good will it do, some of the elderly homeowners ask, to plant a new twig in the ground this late in their lives?

But the problem for many elderly homeowners, he added, is "the fear of being ripped off."

For elderly homeowners, modifications are often made as the need arises in order to stay in their homes.