Arkansas Mortgage Credit Certificate (MCC)

Arkansas Development Finance Authority

Available Property Tax Relief

About This Program

Provides a federal income tax credit equal to 50% of the mortgage interest paid annually (up to $2,000) for first-time homebuyers in Arkansas. Credit can be claimed for the life of the mortgage.

Annual tax credit value based on 50% of mortgage interest paid

Key Details

  • Federal tax credit of 50% of mortgage interest
  • Up to $2,000 credit annually
  • Available for life of the mortgage
  • First-time homebuyer requirements
  • Income and purchase price limits apply

How to Apply

A grant-savvy contractor in Jonesboro, AR 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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