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Pima IDA Mortgage Credit Certificate (MCC) Program

Pima County Industrial Development Authority (Pima IDA), administered by Community Investment Corporation (CIC Tucson) · Tucson, Arizona

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Assistance

$2,000

The maximum the program publishes — not an offer

Income limit

115% AMI

Of area median income; varies by county and household size

Price cap

$544,232

Highest purchase price the program allows

Repayment

Tax credit

Not a loan, so there is nothing to repay

What is Pima IDA Mortgage Credit Certificate (MCC) Program?

Pima IDA Mortgage Credit Certificate (MCC) Program is a mortgage credit certificate for homebuyers in Tucson, Arizona, administered by Pima County Industrial Development Authority (Pima IDA), administered by Community Investment Corporation (CIC Tucson).

  • The Pima IDA Mortgage Credit Certificate (MCC) program gives qualifying first-time homebuyers in Pima County a federal income tax credit equal to a percentage of the annual mortgage interest paid, reducing their federal tax liability each year they own and occupy the home. The 2025 Pima IDA MCC offers a 20% credit (CIC's consumer materials reference up to a 40% / $2,000 maximum annual credit depending on program year). The program runs from June 25, 2025 through December 31, 2027 and is administered by Community Investment Corporation. MCCs cannot be combined with mortgage revenue bond or veteran bond loan programs.
  • Funding comes from Federal mortgage credit certificate allocation administered by the Pima County Industrial Development Authority.

How much assistance does it provide?

Pima IDA Mortgage Credit Certificate (MCC) Program offers up to $2,000 in assistance.

  • The program can be combined with Can be combined with PimaTucson Homebuyer's Solution DPA and HOME DPA; cannot combine with mortgage revenue bond/veteran bond loans.
  • Amounts are the program's published maximums, not an offer — Pima County Industrial Development Authority (Pima IDA), administered by Community Investment Corporation (CIC Tucson) determines any individual award.

Do you have to pay it back?

Pima IDA Mortgage Credit Certificate (MCC) Program is a tax credit rather than a loan, so there is nothing to repay.

  • Repayment is triggered by Certificate is cancelled if the home is sold, rented, or ceases to be the primary residence; no repayment of credit otherwise.
  • The assistance is recorded in Not applicable (tax credit, no lien) position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Pima IDA Mortgage Credit Certificate (MCC) Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — with exceptions: First-time buyer requirement is waived for qualified military veterans and for homes purchased in a designated Targeted Area.
  • The home is occupied as a primary residence
  • Residency: Property must be located in Pima County.
  • DRAFT (dpa-gap-finder 2026-06-14): pending review. (assistance_amount: Up to $2,000 annual federal tax credit) Applicant must apply for and gain MCC approval PRIOR to home closing. Must have a federal tax liability to use the credit (unused credit may be carried forward up to 3 years). One-time program fee of $1,000 (payment plans up to 6 months) plus $100 annual renewal fee beginning the year after purchase (pro-rated first year). Certificate must be reissued upon refinance. The 2025 program credit rate is 20%.

The program excludes

  • Purchases above the $544,232 price cap
  • Households above 115% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

Pima IDA Mortgage Credit Certificate (MCC) Program limits household income to 115% of the area median income, which varies by county and household size.

  • Income limits (115% of area median, Pima County) - Non-Targeted: 1-2 persons $101,100, 3+ persons $116,265. Targeted Areas: 1-2 persons $121,320, 3+ persons $141,540.
  • The limit applies to total household income, not only the borrower’s.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Pima IDA Mortgage Credit Certificate (MCC) Program caps the purchase price at $544,232.

  • Eligible property types include Single-family detached, Manufactured housing, Condominium, Duplex, and Townhouse.
  • New construction is eligible.
  • Manufactured homes are eligible.

Is there eligibility for specific groups?

Pima IDA Mortgage Credit Certificate (MCC) Program names veterans among the groups it serves.

  • Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

Pima IDA Mortgage Credit Certificate (MCC) Program serves buyers purchasing in Tucson, Arizona.

  • The program targets specific areas: Targeted Areas are economically distressed census tracts in Pima County with higher income/purchase-price limits and a waived first-time-buyer requirement; map maintained by CIC.

How do you apply?

Applications for Pima IDA Mortgage Credit Certificate (MCC) Program go through Pima County Industrial Development Authority (Pima IDA), administered by Community Investment Corporation (CIC Tucson), which publishes the current terms and the application steps on its own site.

  1. Contact Pima County Industrial Development Authority (Pima IDA), administered by Community Investment Corporation (CIC Tucson) to reserve funds

    Funds are reserved through Application completed with a CIC staff member in person, by phone, or via online DocuSign portal prior to closing., and are subject to availability.

  2. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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