Arlington Housing Finance Corporation Offers Help for Homebuyers

Are you interested in becoming a homeowner in Arlington Texas.   Help is available to qualified homebuyers through the  Arlington Housing Finance Corporation’s Mortgage Credit Certificate program, also known as MCC.

The Arlington MCC Program is a federal income tax credit designed to assist those who are trying to become homeowners. With an MCC, the qualified homebuyer is eligible to write off up to $2,000 of the annual interest paid on the mortgage as a special tax credit. The credit can be claimed annually as long as the home is your principal residence.

Since it launched in April 2011, the AHFC has already helped a number of families become first time homebuyers in Arlington using the Mortgage Credit Certificate program  The first series of the MCC program was so successful the AHFC issued a second series. There are still funds available for assistance

“The MCC program has exceeded our expectations,” said AHFC Director David Zappasodi. “It is a wonderful resource to enable qualified homebuyers to purchase a home of their choice in Arlington. The MCC can also be used in combination with other homebuyer assistance resources.”

For more information and details about the Mortgage Credit Certificate program, visit: www.arlingtontx.gov/housing/homeownership_ahfcmp.html

Click Here to see a fact sheet about the Mortgage Credit Certificate program from FSC Housing.

To apply for MCC contact FirstSouthwest Housing at 214-953-4176 or fschousing@firstsw.com

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