Owner Occupancy Credit is available to anyone who owns (listed on the deed) and lives in their home.  You can only receive this credit on your principal place of residence.  This is a credit that must be applied for and needs no renewal unless you move.  It gives you 2.5% off of any qualifying levy, which is any levy initiated prior to 2013.  Only levies that are new after 2013 do not receive the discount.