What is an MCC? How do I apply? How does it work? Who is eligible? What Properties are eligible? Frequently Asked QuestionsThe Mortgage Credit Certificate Program, authorized by Congress in the Tax Reform Act of 1984, is an alternative to mortgage revenue bond-backed financing as a means of providing financial assistance for the purchase of single-family homes. In 1985, the State adopted legislation authorizing local agencies to make MCC's available in California. The Community Development Commission administers the MCC Program for Los Angeles County.
