chfa statewide mortgage credit certificate (chfa mcc)

  • Tax credit program to claim a percentage of annual mortgage interest paid each year as a federal tax credit on Federal Income Tax Returns
  • First time homebuyers or qualified veterans 
  • Can be used with CHFA SmartStepsm/SmartStep Plus, CHFA Advantagesm, and CHFA Preferredsm/Preferred Plus purchase programs
  • Can be used with a non-CHFA loan
  • Subject to Federal Recapture Tax provisions​
​MCC Funds Availability
​The CHFA MCC program will only be available for purchases in targeted areas for reservations made on or after July 10, 2017. (Please note, we have very limited funds available for the city of Wheat Ridge and La Plata county. Please email the CHFA Lock Desk prior to reserving MCCs in these two jurisdictions.) Until further notice, MCC reservations must be submitted manually using CHFA Form 707.