Alabama Housing Finance Authority Mortgage Credit Certificate

Alabama Housing Finance Authority

Available Down Payment

About This Program

Provides a federal tax credit equal to 40% of annual mortgage interest paid, reducing federal income tax liability. Available to first-time homebuyers meeting income and purchase price limits in Lee County.

Annual tax credit based on 40% of mortgage interest paid

Key Details

  • 40% of annual mortgage interest as tax credit
  • Available to first-time homebuyers
  • Income and purchase price limits apply
  • Reduces federal income tax liability annually
  • Must use participating lender

How to Apply

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

Deadline: Ongoing program subject to allocation

Need a Contractor for This Grant?

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

Find More Programs in Auburn, AL

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