Description
Title: To amend ch. 26, article V, div. 2 of the City Code by adding therein a new section 26-370, concerning a deferral program for certain real estate taxes pursuant to and in accordance with Code of Virginia § 58.1-3219.
Summary
The City of Richmond has introduced an ordinance to establish a real estate tax deferral program for qualified owner-occupied properties, effective January 1, 2027. This program allows eligible homeowners to defer taxes exceeding 105% of the previous year's levy. Public hearing set for January 26, 2026.
Published: Dec 22, 2025, 9:24 PM
Processed: Jan 1, 2026, 6:10 AM