IHCDA Mortgage Credit Certificate (MCC)

Indiana Housing and Community Development Authority (IHCDA)

Available Down Payment

About This Program

Federal tax credit equal to 25% of annual mortgage interest paid, reducing federal taxes owed (not just a deduction). First-time buyers or targeted census tracts. Stackable with First Step and Next Home. Income and purchase price limits apply.

First-time buyer, stacks with DPA programs

Key Details

  • Reduces federal taxes, dollar-for-dollar credit
  • 25% of mortgage interest paid each year
  • Stackable with down payment assistance programs

How to Apply

Deadline: Claim at purchase, applies every tax year

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