Advocating for and pursuing affordable housing opportunities for the maximum number of low-income individuals and families in Arlington.

Housing :: Homeownership Programs :: Mortgage Credit Certificate Program

The Arlington Housing Finance Corporation’s Mortgage Credit Certificate (MCC) Program is a federal income tax credit designed to assist persons to become homeowners. With an MCC, the qualified homebuyer is eligible to write off a portion of the annual interest paid on the mortgage as a special tax credit, not to exceed $2,000. An MCC is a true “tax credit” that entitles taxpayers to subtract the amount of the credit from their total federal income tax liability.

Criteria for Eligibility:

  • Homebuyer’s household income and the purchase price must not exceed the program’s maximum limits
  • Homebuyer could not have owned a home in the last three years as their primary residence unless purchasing a home in the Target Area or is a Qualified Veteran
  • Homebuyer must apply for the MCC through a participating lender and pay a non-refundable MCC application fee
  • Homebuyer must qualify for a mortgage
  • Homebuyer must attend a HUD approved homeownership counseling course
  • Homebuyer must purchase a home in the City of Arlington, Texas
  • Homebuyer must occupy the home as their principal residence

Maximum Purchase Price Limit:

  • Non-Targeted Areas – $315,541
  • Targeted Areas – $385,662

Maximum Income Limits:

Non-Targeted Areas – 1-2 Occupants = $69,400 / 3 or More Occupants = $79,810

Targeted Areas – 1-2 Occupants = $83,280 / 3 or More Occupants = $97,160

Learn more about the Mortgage Credit Certification (MCC) Program:

For Additional Information or to Obtain a Current List of Participating Vendors: