Alabama Mortgage Credit Certificate (MCC)

Alabama Housing Finance Authority

Available Property Tax Relief

About This Program

Federal income tax credit equal to 20% of annual mortgage interest paid, up to $2,000 per year. For first-time homebuyers in Alabama who meet income limits. The MCC reduces federal tax liability for the life of the mortgage.

Annual tax credit equals 20% of mortgage interest paid, maximum $2,000/year

Key Details

  • 20% of annual mortgage interest as tax credit
  • Up to $2,000 per year tax savings
  • For first-time homebuyers
  • Income limits apply
  • Valid for life of mortgage

How to Apply

A grant-savvy contractor in Anniston, AL can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing program

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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