March 3, 2025 - 09:20
Henrico County is introducing two beneficial programs aimed at assisting eligible property owners: the Real Estate Advantage Program (REAP) and the Real Estate Cap Program (RECAP). These initiatives are designed specifically for residents who are at least 65 years old or who are totally and permanently disabled as of December 31, 2024.
To qualify for these programs, applicants must own and occupy their property, which can include manufactured homes. The REAP program offers financial advantages to help alleviate the tax burden on eligible homeowners, while the RECAP program aims to stabilize real estate taxes for those who meet the criteria.
These programs reflect Henrico County's commitment to supporting its senior citizens and individuals with disabilities, ensuring they can maintain their homes without facing overwhelming financial strain. Residents are encouraged to explore these options to see if they qualify and to take advantage of the benefits available to them.
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Unique New Hampshire Home Built from Shipping Containers Listed for $5.2 MillionA striking property in New Hampshire has captured attention with its innovative use of shipping containers, now listed for an impressive $5.2 million. This distinctive home showcases the raw...
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Federal Government's Role in Rising Real Estate PricesProfessor Ed Burton has raised concerns about the federal government`s influence on the escalating costs of the real estate market. According to him, one of the significant factors contributing to...
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Howard Hanna Expands Presence by Partnering with Leading Carolinas Real Estate FirmO’Hara-based Howard Hanna Real Estate Services is making significant strides in the Carolinas by partnering with the region`s largest residential real estate company, Allen Tate Companies. This...
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Local Developer Proposes Innovative Infill Project on South Front StreetReal estate broker and developer Christian Cardamone is setting his sights on a new infill project in Wilmington, aiming to transform a site off South Front Street into a vibrant community space....