Mortgage Credit Certificate

The new program period runs

until $37.5 million in mortgages are completed

–the total amount
of the city’s
Private Activity Bond allocation.

A Mortgage Credit Certificate is a tool to reduce the amount of federal income tax a borrower must pay by providing an annual federal income tax credit.

Denver’s Mortgage Credit Certificate (MCC) program allows qualifying borrowers to receive an annual federal income tax credit equal to 25% of the annual interest they pay on their mortgage loan ($2,000/year maximum). The tax credit enables a taxpayer to subtract the amount of credit from his or her annual total federal income taxes. Borrowers may choose to adjust their W-4 withholding to account for the tax-credit benefit and receive a higher net monthly income. Any excess credit from the MCC may be carried forward for up to three subsequent tax years.


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The MCC program will benefit approximately 210 Denver households and can be combined with other homebuyer assistance programs.

Mortgage loan terms and interest rates are set by participating lenders, though they must be fixed-rate and not exceed 40 years.

“Homeownership results in equity building at the individual level, and the further strengthening of our communities. We’re working to boost homeownership opportunities for working families throughout the city, and particularly in neighborhoods with a lower frequency of mortgage originations.” ~ Denver Mayor Michael B. Hancock


First-time Homebuyers: Cannot have owned a home in the past three years (except in “Targeted Areas” and for Qualified Veterans).

Mortgage loans under the program may be made to qualifying borrowers in the City & County of Denver.

Homebuyer Education is required for all borrowers.



 Non-targeted  Targeted
 Families of 2 or fewer  $100,680  $100,680
 Families of 3 or more  $117,460  $117,460



 Non-Targeted  Targeted
 1-Family Residence  $454,236  $555,177


Terms and interest rate of the mortgage loan are set by the lender, though must be fixed-rate and not exceed 40 years.


Targeted Areas are certain census tracts designated by HUD as underserved in the mortgage loan origination. To view the specific targeted areas for the MCC program, please click here to see a map. To look up a specific address, please enter the property information on the FFIEC Geocode website and compare the census tract code provided to the list below.

Census Tract Codes for the MCC program: 6, 7.02, 8, 9.02, 9.03, 9.04, 9.05, 11.01, 14.01, 15, 18, 19.01, 24.03, 35, 36.01, 44.04, 45.03, 45.04, 45.05, 45.06, 68.13, 70.06, 70.37, 70.89, 83.12, 155, 156, 9800


All information obtained & quoted from the Denver Office of Economic Development & the Denver Metro Association of Realtors

Want for information on the MCC program and other Housing Assistance Programs?

Contact us:  303-416-7000

or email us at

American Liberty Mortgage, Inc- Denver, Colorado is a participating Lender in the MCC program.


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