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Mayor Nutter will speak about the Homestead Exemption today at 1 p.m. in the Mayor's Reception Room, Room 202, in City Hall. The Exemption, which has helped quell fears that the Actual Value Initiative would raise property taxes, is a tax relief program for homeowners that starts in 2014. Until today, the plan was that every homeowner in the city would receive an application for the Exemption in the mail by Sept. 1. We'll have to hear what Nutter has to say about it this afternoon.