Administration of the MCC program has been assumed by California Home Finance Administration (CalHFA). Your questions about eligibility must be directed to CalHFA.

CalHFA is located at 500 Capitol Mall, Suite 1400, Sacramento, CA 95814. CalHFA can be reached at (877) 922-5432 or

The Housing Authority will continue administration of the Reissued Mortgage Credit Certificate (RMCC) program for MCC’s issued by the Housing Authority of the County of Santa Cruz. Information about the RMCC program can be found at this link.

How the MCC Program Works

The Mortgage Credit Certificate (MCC) Program is authorized by Congress and governed by the Internal Revenue Code Sections 25 and 143. The program provides tax credits to income eligible homebuyers in the following areas: the City of Capitola, the City of Santa Cruz, the City of Scotts Valley, the City of Watsonville, and the unincorporated areas of the County of Santa Cruz.

The Mortgage Credit Certificate (MCC) reduces the amount of Federal income tax you pay, thus giving you more available income to qualify and pay for a mortgage loan.

If eligible, a buyer will receive a tax credit that is a percentage of the annual interest paid on the mortgage loan. The amount of the credit will not be more than the buyer’s annual Federal income tax liability, after all other credits and deductions have been taken into account. The buyer’s ability to take full advantage of the tax credit will depend on the buyer’s individual tax liability.

How to Obtain a Mortgage Credit Certificate and other questions

For information about how to obtain an MCC, the names of participating lenders, fees, eligibility requirements, etc., you must contact CalHFA at (877) 922-5432 or at CalHFA.