mcc funds availability update
As noted in our June 11th eNews announcement, CHFA’s MCC program is approaching its funding limit. We are pleased with the success of the program and are proud to issue nearly $200,000,000 in MCC credits this year. We anticipate running out of funds for new reservations within the next week or two. Please check CHFA’s
website regularly for MCC availability.
CHFA will announce any future availability of MCCs through eNews.
*This announcement does not impact Reissued Mortgage Credit Certificates (RMCC). Borrowers can continue to contact CHFA for an RMCC if they are refinancing out of a loan that currently has a CHFA MCC.