​​​​​​​​​​The Housing Finance Authority of Broward County, Florida (“Authority”) created its Mortgage Credit Certificate Program (the “Program”) for the residents of Broward County, Florida, to help make ownership of new or existing homes located in Broward County more affordable for individuals and families of low and moderate income. A Mortgage Credit Certificate (an “MCC”) increases a family's disposable income by reducing its federal income tax obligations. 

The Mortgage Credit Certificate program entitles qualified applicants to a federal income tax credit in an amount of up to $2,000 annually. This enables qualified buyers, who would owe federal income taxes, to benefit from a dollar-for-dollar reduction of their tax bills. Additionally the homeowner will continue to receive the tax credit each year they continue to live in the home financed under the program.​

In order to participate in the Program, homebuyers must meet certain eligibility requirements, complete a first-time homebuyer course, purchase a home and obtain a mortgage loan through a participating lender, a Program “Participant”. 

To learn more about the MCC process, please review our MCC Information Guide and MCC Brochure in the Homebuyers Guide section.   

​​See the Frequently Asked Questions (FAQs) for more program details.​​​​​​​​​​​​​​​​​​​​​​​