Welcome to DFW Relo!

Please navigate our website to learn more about us. Our resources are useful and helpful. Enjoy!

City of Cedar Hill
First-time Homebuyers $2,000 Tax Credit
Mortgage Credit Certificate Program
The North Texas Housing Finance Corporation provides a Mortgage Credit Certificate Program (MCC Program) to eligible first time home buyers wishing to achieve homeownership through a network of participating lenders.
What is an MCC?
An MCC offers a tax credit up to $2,000 per year as long as the homebuyer occupies the home as their principal residence and have a mortgage. It is a dollar for dollar reduction against the home buyers federal tax liability. The portion or amount of the annual tax credit is equal to the annual interest paid on the mortgage loan multiplied by the mortgage credit rate of 35%. This credit increases the home buyers income resulting in increased buyer capacity to qualify for the mortgage loan. An MCC has the potential to save the home buyer thousands of dollars over the life of the loan.