Alabama Housing Finance Authority Mortgage Credit Certificate

Alabama Housing Finance Authority

Available Down Payment

About This Program

Federal tax credit equal to 20% of annual mortgage interest paid, reducing federal income tax liability dollar-for-dollar. Available to first-time homebuyers purchasing in Alabama with income limits. Credit can be claimed every year for the life of the mortgage, potentially saving thousands over time.

Estimated annual tax credit at 20% of typical mortgage interest

Key Details

  • 20% of mortgage interest as federal tax credit
  • Available every year for life of mortgage
  • First-time homebuyers in Alabama
  • Income and purchase price limits apply
  • Must obtain from participating lender

How to Apply

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

Deadline: Ongoing, 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 Enterprise, AL

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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