Alabama Housing Finance Authority Mortgage Credit Certificate

Alabama Housing Finance Authority

Available Down Payment

About This Program

Tax credit certificate that allows first-time homebuyers in Alabama to claim a federal tax credit equal to a percentage of mortgage interest paid annually. Reduces federal income tax liability, increasing take-home pay.

Annual tax credit estimated at 20% of mortgage interest paid

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Annual federal tax credit for mortgage interest
  • Typically 20% of interest paid
  • Available to first-time homebuyers
  • Income and purchase price limits apply
  • Credit available for life of the loan

How to Apply

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

Deadline: Ongoing program

Questions about this program?

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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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