Real Estate Tax Relief
Charlottesville Housing Affordability Program (CHAP)
In an effort to promote and preserve home-ownership, the Charlottesville City Council offers grants to homeowners who may not otherwise qualify for the City’s elderly and disabled tax relief programs. These grants help offset the financial hardships faced by many homeowners due to rising real estate assessments.
If you are the legal owner and occupant of your home (valued at $375,000 or less), you owe no delinquent real estate taxes, your household income is $55,000 or less, and you own no other real estate property (anywhere), you may qualify for a grant. City Council must vote to reauthorize this program yearly. If reauthorized, applications will be mailed to homeowners whose dwelling is valued at $375,000 or less (and who are not already receiving real estate tax relief for the elderly and/or disabled).
The deadline for application is September 1. Fill out the Charlottesville Housing Affordability Program Application (PDF) to get started.
Real Estate Relief for the Elderly & Disabled
If you own and are living in your home in the City of Charlottesville and are 65 years of age or older, or are permanently disabled, and have a yearly income of $55,000 or less and a net worth of $125,000 or less, you may qualify for Real Estate Tax Relief. Net worth excludes the fair market value of the home in which you live.
The Commissioner of the Revenue’s Office begins taking applications on February 1 each year. The deadline for application is March 1.
If you are a disabled veteran you may qualify for an exemption from Real Estate Tax if the following criteria is met:
- Real estate must be owned or jointly owned with a spouse by the veteran.
- The real estate must be occupied by the veteran as his/her primary place of residence.
- The veteran must have been rated by the U.S. Department of Veterans Affairs or its successor agency to have a 100% service-connected, permanent and total disability.
The surviving spouse of an eligible veteran may also qualify provided the death of the veteran occurs after January 1, 2011, the surviving spouse does not remarry, and the surviving spouse continues to occupy the real estate as his/her primary place of residence. See the Disabled Veteran’s Real Estate Tax Exemption Application (PDF) to begin the application process or for more information.
For More Information
For further information regarding the Charlottesville Housing Affordability Program, Real Estate Relief for Elderly or Disabled, or Disabled Veteran’s Real Estate Tax Exemption, please call 434-970-3160.