Indiana Mortgage Credit Certificate (MCC)

Indiana Housing & Community Development Authority

Available Down Payment

About This Program

Federal tax credit for first-time homebuyers in Indiana equal to 20% of annual mortgage interest paid, up to $2,000 per year. Available in New Albany through IHCDA-approved lenders and can be combined with down payment assistance.

Annual tax credit equals 20% of mortgage interest paid

Key Details

  • Annual federal tax credit up to $2,000
  • Credit equals 20% of mortgage interest paid
  • For first-time homebuyers or targeted areas
  • Income limits apply (varies by household size)
  • Available for life of the loan

How to Apply

Get free help applying Visit Official Program Page Track this program

(317) 232-7777

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

Deadline: Apply through participating lenders at purchase

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