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The original item was published from 2/14/2022 11:37:29 AM to 3/2/2022 8:05:06 AM.

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Posted on: February 14, 2022

[ARCHIVED] Real Estate Tax Relief for the Elderly or Disabled Program

Charlottesville

FOR IMMEDIATE RELEASE
February 14, 2022


City of Charlottesville Real Estate Tax Relief for the Elderly or Disabled Program


CHARLOTTESVILLE, VA - 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.

Qualifications:

  • Applicant must be 65 years of age (or older) or permanently and totally disabled (subject to verification) as of December 31, 2021;
  • Property for which the exemption is claimed must be occupied as the sole dwelling of the applicant;
  • Gross combined income in 2021 from all sources for applicant, applicant’s spouse, and any relatives in such dwelling shall not exceed $55,000;
  • First $7,500 of income classified as permanent disability compensation for the applicant; shall be excluded from the gross income calculation;
  • First $8,500 of income of each relative other than the spouse of such applicant who is living in such dwelling shall be excluded from the gross income calculation;
  • Net combined financial worth, excluding the dwelling, of the applicant and applicant’s spouse as of December 31, 2021, cannot exceed $125,000.

Applicants must apply online or in-person, providing valid identification and documentation of income and net worth.

The deadline to apply is March 1, 2022.  To apply online, visit www.charlottesville.gov/COR


Due to COVID-19in-person applications should be scheduled BY APPOINTMENT (Monday – Friday, 8:30am to 4:30pm) by visiting www.charlottesville.gov/COR or by calling 434-970-3160

THERE WILL BE NO ROLLOVER USING PRIOR YEAR QUALIFICATIONS.


Media Contact
City of Charlottesville
Commissioner of Revenue Office
434-970-3160
citycor@charlottesville.gov

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