Texas State Affordable Housing Corporation (TSAHC) Mortgage Credit Certificate (MCC) Program - Targeted Area
Texas State Affordable Housing Corporation (TSAHC) Mortgage Credit Certificate (MCC) Program - Targeted Area
Program Category
Tax Credits
Max Amount
N/A
Agency Website
Contact Info
Email: homeownership@tsahc.org
Address:
6701 Shirley Avenue
Austin, TX 78752
Homebuyer Questions: 877-508-4611
General Questions: 888-638-3555
Phone: 512-477-3555
Address:
6701 Shirley Avenue
Austin, TX 78752
Homebuyer Questions: 877-508-4611
General Questions: 888-638-3555
Phone: 512-477-3555
Program Details
Buyer contribution type
None
Income calc method
First mortgage types
Freddie Mac,Freddie Mac HFA Advantage,Freddie Mac Home Possible,Freddie Mac CHOICEHome,Fannie Mae,Fannie Mae HFA Preferred,Fannie Mae HomeReady,Fannie Mae MH Advantage,FHA 203(b),FHA 203(k),HUD Section 184 (tribal),VA,USDA / RD
First mortgage terms
Fully Amortizing,Fixed Rate,30-year
Property types
Single Family Detached, Condo, Townhome/PUD, Manufactured Home
Repayment triggers
Loan Forgiveness
No
Program Guide
Program Overview:
https://www.tsahc.org/homebuyers-renters/mortgage-credit-certificatesEligibility Quiz:
https://www.tsahc.org/homebuyers-renters/take-the-eligibility-quizProgram Comparison Calculator:
https://www.tsahc.org/homebuyers-renters/loan-calculatorInformational Videos:
https://www.tsahc.org/homebuyers-renters/informational-videosProgram Overview:
https://www.tsahc.org/homebuyers-renters/mortgage-credit-certificatesIncome/Purchase Price limits:
https://www.tsahc.org/public/upload/files/general/TSAHC_Combined_Income_Purchase_Price_Limits.pdfGuidelines:
https://www.tsahc.org/public/upload/files/general/TSAHC_DPA_MCC_Guidelines.pdfFAQ:
https://www.tsahc.org/public/upload/files/general/TSAHC_MCC_FAQs.pdfMarketing Resources:
https://www.tsahc.org/marketing-resourcesLimitations
Must be a first-time homebuyer.
May be subject to recapture tax.
May not be combined with Bond 1st mortgage or Bond DPA programs.
May be subject to recapture tax.
May not be combined with Bond 1st mortgage or Bond DPA programs.
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