MSHDA Mortgage Credit Certificate (MCC)

Ang MSHDA Mortgage Credit Certificate (MCC) ay isang mortgage credit certificate para sa mga bibili ng bahay sa Statewide County, Michigan, na pinangangasiwaan ng Michigan State Housing Development Authority (MSHDA). The MSHDA Mortgage Credit Certificate (MCC) is a federal income tax credit issued in connection with the purchase of a home. Qualified homebuyers can credit 20% of the annual mortgage interest paid against their year-end federal tax liability as a dollar-for-dollar reduction in tax owed, for the life of the original mortgage (up to 30 years). It is available to first-time homebuyers statewide and to repeat homebuyers in targeted areas, and must be applied for and approved through an approved MCC lender before purchase. Federal tax credit of 20% of annual mortgage interest paid. Dollar-for-dollar reduction in federal income tax liability. Credit available for the life of the original mortgage (up to 30 years). Available to first-time homebuyers statewide and repeat homebuyers in targeted areas. MSHDA reimburses any IRS recapture tax the seller pays.

Nag-aalok ang MSHDA Mortgage Credit Certificate (MCC) ng tulong na hanggang $2,000. Ang mga halaga ay ang pinakamataas na inilathala ng programa, hindi isang alok — ang Michigan State Housing Development Authority (MSHDA) ang nagpapasya sa anumang indibidwal na award.

Ang MSHDA Mortgage Credit Certificate (MCC) ay isang tax credit at hindi loan, kaya walang babayaran. Ang mga tuntunin sa pagpapatawad at pagbabayad ay itinatakda ng programa at maaaring magbago — kumpirmahin ang mga ito sa opisyal na pahina ng programa bago mag-apply.

Bukas ang MSHDA Mortgage Credit Certificate (MCC) sa mga unang beses na bibili ng bahay at mga bibili ng bahay na titira sa bahay bilang pangunahing tirahan. May mga eksepsiyon dito ang "unang beses": First-time homebuyer requirement (no ownership interest in a principal residence in the preceding three years) is waived for buyers purchasing in federally designated targeted areas; repeat homebuyers are eligible in targeted areas. Requirement sa paninirahan: Must occupy the residence as principal residence within 60 days after closing. MCC must be applied for and approved through an approved MSHDA MCC lender PRIOR to purchasing the home; it is only available with a mortgage for a home purchase (not a refinance). The mortgage cannot pay off an existing mortgage or land contract (exceptions for certain construction-period/temporary loans). MCC is nonrefundable; the benefit cannot exceed federal taxes owed in a given year. All overtime income must be included in household income. Borrowers must meet the participating lender's credit/underwriting criteria.

Ganito itinatakda ng MSHDA Mortgage Credit Certificate (MCC) ang income limit nito: Household income limits vary by county and by targeted vs. non-targeted area, with separate limits for 1-2 person and 3-or-more person households (effective 6.1.2026). The borrower must meet the lower of state and federal income limits, and all overtime income must be included. Non-targeted area examples (1-2 / 3+ persons): most counties $98,400 / $113,160; Kent (non-targeted) $106,600 / $122,590; Ottawa (non-targeted) $113,700 / $130,755; Livingston (non-targeted) $129,000 / $148,350. Targeted area examples (1-2 / 3+): baseline $118,080 / $137,760; Kalamazoo $129,720 / $151,340; Washtenaw $170,760 / $199,220. See the MSHDA Income & Sales Price Limits table (6.1.2026) for the full county-by-county breakdown. Nalalapat ang limit sa kabuuang kita ng sambahayan, hindi lang sa kita ng nanghihiram. Ang mga numero ng median na kita sa lugar ay inilalathala ng HUD at ina-update taun-taon, kaya tingnan ang kasalukuyang talahanayan para sa county bago umasa sa isang numero.

Nililimitahan ng MSHDA Mortgage Credit Certificate (MCC) ang presyo ng pagbili sa $566,355. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single Family, Condo, at Manufactured. Kwalipikado ang bagong gawang bahay. Kwalipikado ang mga manufactured home.

Pinaglilingkuran ng MSHDA Mortgage Credit Certificate (MCC) ang mga bibili ng bahay sa Statewide County, Michigan. Inuuna ng programa ang mga itinalagang target na lugar, kaya mahalaga ang address pati na ang county.

Dumadaan sa Michigan State Housing Development Authority (MSHDA) ang mga aplikasyon para sa MSHDA Mortgage Credit Certificate (MCC), na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng First-come, first-served basis; applications made through participating lenders. No allocation of MCCs by lender or by geographic area. Ang Hey Prescott ay hindi nagpapautang at hindi tumatanggap ng aplikasyon; inilalarawan ng pahinang ito ang programa para madala ito ng bibili ng bahay sa isang lender o housing counselor.