Mortgage Credit Certificate (MCC)
Housing Program
Mortgage Credit Certificate (MCC)
Program description
Federal tax credit that helps eligible first-time homebuyers reduce their annual federal income taxes.
Maximum assistance
20% of annual mortgage interests
Repayment
N/A
Program categories
County
Assistance Type
Property Type
City
Organization
Important considerations
Tax savings depend on the homeowner’s tax situation and may decrease over time.
Eligibility & program information
Status
Active
State
California
Coverage Type
City Only
Resources
The City of Los Angeles Housing Department (LAHD) Official Website,First-Generation Homebuyer Eligibility
Eligibility Requirements
Occupy the property as a primary residence; non-occupant co-borrowers are not allowed.,"Maximum Household Income
1 to 2 people: $125,280 or less
3 or more people: $146,160 or less",Application fee $150
1 to 2 people: $125,280 or less
3 or more people: $146,160 or less",Application fee $150
County
Los Angeles
Rank Math Internal Links Processed
1
Official Information
Visit the official website(s) for current eligibility, program details, and information on how to apply.