MSHDA Mortgage Credit Certificates

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The Michigan State Housing Development Authority (MSHDA) is offering a Mortgage Credit Certificate (MCC) which is a federal tax credit for people who have purchased a home. The MCC allows home buyers to credit 20% of their annual mortgage interest paid against their year-end federal income tax.

The tax credit is good for the life of the original loan and must meet the following criteria.

  • Purchase Price maximum of $224,500
  • Household income: varies statewide and is determined by location and family size.
  • Single Family home
  • Max 2 acres
  • Cannot be combined with a MI First Home or a MI Next Home MSHDA Mortgage


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