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
December 19, 2025 - 04:33
The US Housing Market Could See Increased Affordability in 2026As we look ahead to 2026, there are signs that the US housing market may become more accessible for buyers, sellers, and renters alike. Economic forecasts suggest a potential shift in housing...
December 18, 2025 - 03:52
Top Housing Markets for Homebuyers in 2026As mortgage rates decline, the National Association of Realtors (NAR) has pinpointed the most promising housing markets for 2026, highlighting areas poised for significant homebuying activity....
December 17, 2025 - 00:46
UConn Real Estate Students Win Prestigious Housing CompetitionA team of real estate students from the University of Connecticut has clinched the top prize in the highly competitive `Future of Housing` contest held at Boston College. This event brought...
December 16, 2025 - 12:20
Emerging Property Hotspots in Australia for 2026 IdentifiedA recent report has highlighted the suburbs in Australia that are expected to offer the most promising returns for property investors in 2026. As the housing market navigates a shifting landscape...