For many first-time homebuyers, a Mortgage Credit Certificate (MCC) from VHDA could boost the tax benefits of owning a home — potentially saving thousands of dollars at tax time every year — for as long as they live in their home!
In fact, an MCC could be the difference that makes buying and owning a home affordable for many people. Of course, it’s important to understand how MCCs work, including the requirements and limitations. You can read all about VHDA’s MCC program at vhda.com/MCC.
In addition, VHDA has some free educational tools, including a simple, animated video that makes it easy to understand how MCCs work. Visit VHDA’s MCC Education page to access these tools, or view the video below.