The City of Los Angeles Housing & Community Investment Department Mortgage Credit Certificate program provides eligible, first-time homebuyers in the City of Los Angeles with a federal income tax credit based on a specified percentage of the annual interest paid on a mortgage. The tax credit is a dollar-for-dollar reduction to the homebuyer’s potential federal income tax liability that increases the household income available to qualify for a home mortgage and to make monthly mortgage payments.


Agency Target vs Non-Target Tax Credit Household size: 1-2 Household size: 3+ Purchase Price Limits First Time Application Fee Property Type

City of Los Angeles Housing & Community Investment Department MCC Program

Target
15%
$99,600
$116,200
$595,978
Yes
$150
SFR,Townhome & Condo
Non-Target 15%
$99,600
$116,200
$595,978
Yes
$150
SFR,Townhome & Condo
Purchase an eligible home in the City of Lakeside;

City of Los Angeles Housing & Community Investment Department MCC Program is available in the following areas/cities