by Scott Schang
December 5, 2008
The Riverside County Economic Development Agency (EDA) is launching the Mortgage Credit Certificate Program for future homebuyers within Riverside County. Our office will start accepting MCC applications from our approved lenders starting November 10, 2008.
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Mortgage Credit Certificate
A Mortgage Credit Certificate (MCC) entitles qualified home buyers to reduce the amount of their federal income tax liability [...]
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by Scott Schang
May 3, 2008
Mortgage Credit Certificate Program Fact Sheet
The Mortgage Credit Certificate (MCC) Program enables first-time homebuyers to receive a federal income tax credit of 15% of the annual mortgage interest paid.
MCC’s reduce federal income tax, increase take-home pay, and increase the qualifying loan amount for homebuyers.
Program assistance is available only to income-eligible persons and families who have [...]
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