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Affordable Housing and Homeownership


Mortgage Credit Certificate Programs (MCC)


The Pima IDA offers its Mortgage Credit Certificate Programs (“MCC”) which provide assistance to those persons who meet certain income requirements to finance their home purchase (generally, this is limited to a first time home purchase, unless the home is in a Targeted Area or if the veteran exception applies).  Participants in the MCC Program are given tax credits that reduce their federal tax liability. MCC’s cannot be used in conjunction with any mortgage revenue bond programs or with any veteran bond loans.


The Program Area for the Pima IDA’s current MCC Programs is all of Pima County.


The types of properties eligible include new or previously occupied single-family homes including detached homes, manufactures housing, condominiums, duplexes or townhouses.


Applicants for the MCC Program must meet certain requirements including:

  1. Applicant must be a first-time homebuyer if the MCC is being used to finance the purchase of a home. This requirement does not apply to a qualified home improvement or qualified rehabilitation loan;
  2. Ownership of a home three years prior to an application for an MCC will disqualify the applicant as a first-time homebuyer (other than in a Targeted Area or if the veteran exception applies);
  3. Applicant must intend to occupy the property being purchased.

There are certain purchase price limits and income limits which must be met as well. As of June 10th, 2019 those limits are as follows:

Income Limits
Maximum Family Income
Non-Targeted Areas:
Families of 2 or fewer persons
Families of 3 or more persons
Targeted Areas:
Families of 2 or fewer persons
Families of 3 or more persons

*As of July 10, 2019, the purchase price limits are as follows:

Purchase Price Limits
One Unit
Two Unit
Non-Targeted Areas:
Targeted Areas:


Whether or not your potential home purchase is in a Targeted Area can be determined by Community Investment Corporation, as noted below.


The Pima IDA’s MCC Programs are administered by Community Investment Corporation (“CIC”).  The Pima IDA’s 2018 MCC Program began in June 2018 and will expire December 31, 2020. 

The Pima IDA’s 2019 and 2019A Programs began in 2019 and will expire December 31, 2021.  All Pima MCC Programs offer a 40% tax credit.

Questions regarding the Pima IDA MCC Program should be directed to: Community Investment Corporation


2033 E. Grant Road Tucson, Arizona 85719