IHCDA Mortgage Credit Certificate (MCC)

Indiana Housing and Community Development Authority (IHCDA)

Available Down Payment

About This Program

IHCDA Mortgage Credit Certificate (MCC) is available to homeowners and renters in Indianapolis, IN.

Federal tax credit equal to 25% of annual mortgage interest paid, reducing federal taxes owed (not just a deduction). First-time buyers or targeted census tracts. Stackable with First Step and Next Home. Income and purchase price limits apply.

First-time buyer, stacks with DPA programs

Official program page checked live on 2026-06-22.

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

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

Key Details

  • Reduces federal taxes, dollar-for-dollar credit
  • 25% of mortgage interest paid each year
  • Stackable with down payment assistance programs

How to Apply

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

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).
  • The program's own application form, completed (use the official link or phone number on this page).

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: Claim at purchase, applies every tax year

Questions about this program?

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

Email us about this program

Frequently asked questions

How much can IHCDA Mortgage Credit Certificate (MCC) provide in Indianapolis, IN?

25% of annual mortgage interest.

Who qualifies for IHCDA Mortgage Credit Certificate (MCC) in Indianapolis?

IHCDA Mortgage Credit Certificate (MCC) is open to homeowners and renters in Indianapolis, IN.

How do I apply for IHCDA Mortgage Credit Certificate (MCC) in Indianapolis, IN?

Apply directly with Indiana Housing and Community Development Authority (IHCDA) using the official program link on this page or call 317-232-0211. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Indianapolis, IN

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

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