OHFA Mortgage Tax Credit (MTC)

Ohio Housing Finance Agency (OHFA)

Available Home Repair

About This Program

OHFA Mortgage Tax Credit (MTC) is available to homeowners in Dayton, OH.

Federal Mortgage Credit Certificate providing annual tax credit on mortgage interest. MTC Plus: 40% credit, up to $2,000/year, can combine with OHFA DPA (slightly higher rate). MTC Basic: 20% credit in target areas / 15% elsewhere, no credit score requirement. First-time homebuyer required (not owned primary residence in 3 years). Non-refundable; requires tax liability.

First-time homebuyer; income/purchase limits

Official source site checked live on 2026-06-22.

Data last verified 2026-04-01. How we verify our data.

In Dayton, OH, you can combine this program with other local help to cut your cost:

Key Details

  • MTC Plus: 40% credit on mortgage interest, up to $2,000/year
  • MTC Basic: 15-20% credit, no credit score requirement
  • Non-refundable, must have tax liability to benefit
  • Can combine with OHFA Down Payment Assistance (MTC Plus)
  • Find lenders at myohiohome.org | 888-362-6432

How to Apply

Get free help applying Visit Official Program Page Track this program

888-362-6432

A grant-savvy contractor in Dayton, OH can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Dayton early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

Documents you will likely need

  • Your federal tax return for the year of the work (this benefit is claimed on your taxes, not through a separate application).
  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • A written estimate from a licensed contractor for the work (many programs require this to apply).
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Year-round through OHFA-approved lenders

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Frequently asked questions

How much can OHFA Mortgage Tax Credit (MTC) provide in Dayton, OH?

Up to $2,000 tax savings per year (MTC Plus: 40% credit).

Who qualifies for OHFA Mortgage Tax Credit (MTC) in Dayton?

OHFA Mortgage Tax Credit (MTC) is open to homeowners in Dayton, OH.

How do I apply for OHFA Mortgage Tax Credit (MTC) in Dayton, OH?

Apply directly with Ohio Housing Finance Agency (OHFA) using the official program link on this page or call 888-362-6432. There is no middleman and no fee.

Need a Contractor for This Grant?

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This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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