Arkansas Mortgage Credit Certificate (MCC)

Arkansas Development Finance Authority

Available Down Payment

About This Program

Federal tax credit converting up to 50% of annual mortgage interest into a direct tax credit for first-time and repeat homebuyers purchasing in targeted areas. Credit can be claimed annually for the life of the loan, providing substantial tax savings.

Annual tax credit equals up to 50% of mortgage interest paid; estimate shows first-year value

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

Key Details

  • Tax credit worth up to 50% of annual mortgage interest
  • Available for first-time buyers statewide
  • Repeat buyers in targeted areas also qualify
  • Claimed annually on federal tax return
  • Income and purchase price limits apply

How to Apply

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

Deadline: Ongoing program

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

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