HENRICO COUNTY TAXPAYERS
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.
MORE NEWS
November 9, 2026 - 04:46
Bourbonnais Home Fetches $350,000 in Recent SaleA single-family residence located at 610 Lookout Way in Bourbonnais was sold on October 16 for $350,000. This transaction highlights the ongoing demand for homes in the area, as buyers continue to...
November 8, 2026 - 05:04
Alexandria Real Estate Equities Faces Challenges Amid Mixed Trading ResultsAlexandria Real Estate Equities has recently reported its third quarter results for 2026, revealing a decline in both sales and revenue. The company also experienced larger real estate impairments,...
November 7, 2026 - 22:45
The Rise of Co-Tenancy in Automotive Real EstateCo-tenancy is becoming an interesting trend in automotive real estate, similar to its established role in retail. In retail, businesses often thrive by being near an anchor store, which drives...
November 7, 2026 - 02:40
Long Beach Home Gains Attention After Wave DamageAn oceanfront property on the Long Beach Peninsula struggled to attract buyers at its original price of $4.95 million. However, the situation changed dramatically when massive waves crashed into...