Alameda County Home Buying Assistance Housing News Oakland

Alameda County Mortgage Credit Certificate (MCC) Program

Helping households afford to buy a home in Alameda County.

October 26, 20221021 views0

Article last updated July 2023

An MCC provides the income-eligible first-time home buyer with an opportunity to reduce the amount of federal income tax they owe each year they own and live in their home.

Alameda County Housing and Community Development Department (HCD) runs the Mortgage Credit Certificate (MCC) Program throughout the County. An MCC provides the income-eligible first-time home buyer with an opportunity to reduce the amount of federal income tax they owe each year they own and live in their home. The MCC assists a family in qualifying for a higher first mortgage, with no effect on monthly expenses.

HCD also issues Refinanced Mortgage Credit Certificates (RMCC) when the homeowner refinances their original MCC Loan. RMCC’s must be issued for each refinance in order for the homeowner to continue receiving the federal tax credit.

If you are a first-time homebuyer interested in applying for a Mortgage Credit Certificate or you are refinancing your loan which has an MCC Certificate, please contact one of the pre-approved Participating Lenders. Learn more.

Download the Mortgage Credit Certificate (MCC) below, including the MCC Preferred Lenders list and the MCC Overview Brochure.

Mortgage Credit Certificate

About the Author

Montana Gabrielle Hooks is an SF Bay Area Realtor in the East Bay. Local entrepreneurship, playing bass guitar, and singing live karaoke are a few of her favorite things. She serves on the Young Realtists Division, Oakland board is a member of the Associated Real Property Brokers. Follow her on Instagram or learn more about her on her website.

Gabrielle Hooks

Gabrielle Hooks is a former SF Bay Area–based real estate professional and lifestyle writer who now lives and works in Las Vegas, Nevada. Her work blends real estate insight with culture, lifestyle, and community, shaped by years spent living and working in the East Bay before relocating to Southern Nevada. She is a licensed Nevada Realtor (Lic. # S.0204318) and brokered by The Scofield Group, where she helps clients navigate the Las Vegas and Henderson markets. Outside of real estate, she loves local entrepreneurship, music, and creative community-building. Today, you can find her at https://baygonevegas.com and https://www.scofieldgroup.com/team/gabrielle-hooks