Illinois Historic Resident Freeze-2014 is a program in the state of Illinois that allows homeowners who have lived in their current home for at least 10 years to freeze their property taxes. This freeze applies to the assessed value of the property and not the current market value. This means that the amount of taxes the homeowner pays will be based on the assessed value from the year they applied for the freeze, even if the market value of the home increases. The freeze is only available to homeowners who meet certain eligibility criteria such as income limits. There are two types of Illinois Historic Resident Freeze-2014: the Senior Freeze and the General Homestead Exemption. The Senior Freeze is specifically available to seniors who are 65 years of age or older and meet the income criteria. The General Homestead Exemption is available to all Illinois homeowners who meet the income criteria.