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​
  • May 31, 2018 Update:  All CHFA MCCsm funds have been fully committed. Lenders will not be able to make a CHFA MCC reservation in HomeConnectionsm.