Tax Credits for Accessible Homes And Increased Resale Value
Melissa Landau, a realtor with Keller Williams Town & Country Group and top Richmond trial lawyer Brenda Page (on the left), knows the importance of home accessibility for the elderly and disabled
Always looking for ways for his disabled clients to save money and get the benefit of government programs, Herndon disability lawyer Doug Landau is not ashamed to admit that he reads the membership mail he receives from the group formerly known as the American Association of Retired Persons. Herndon disability lawyer Doug Landau is a member of the AARP. AARP is no longer just for retirees, but for anyone over 50 years old.
In this month’s AARP Bulletin, lawyer Landau noted helpful information for his clients who may have disabilities or who may be caring for children, spouses or parents with disabling conditions. According to this month’s Bulletin, AARP Virginia successfully lobbied the legislature to revise the state’s Livable Home Tax Credit. This legislation offers a tax credit of up to $5,000 to people who purchase or construct a new residence that meets accessibility standards. It offers a similar tax credit to people who retrofit existing residences. Melissa Landau, a realtor with Keller Williams Town and Country Group notes that with an increasingly aging population, and multi-generation family arrangements, accessible homes will have great appeal and resale value in the Northern Virginia real estate market.
To help people retrofit, AARP Virginia offers “Home Fit” presentations with advice and home improvement supplier demonstrations. “All of our research shows that people want to stay in their own homes as long as possible,” said Amber Nightingale, AARP Virginia associate state director for community outreach. For more on the tax credit, go to Virginia Department of Housing and Community Development website or call 804-371-7124. For more on EasyLiving Homes, click here elhomes.org. In tomorrow’s post, information about upcoming “Home Fit” events in Herndon and Great Falls, Virginia.