April 2, 2019:
Applications are now being accepted for Santa Clara County's Mortgage Credit Certificate (MCC) Program.
On March 20, 2019, the California Debt Limit Allocation Committee (CDLAC), approved the transfer of $12,951,459, in State Private Activity Bonds to be used to issued $3,237,864 (4:1 conversion) in Mortgage Credit Certificates. The estimated number of MCCs to be issued from the March 20, 2019, allocation is 60.
Applications for the Reissued MCC (RMCC) Program are also being accepted.
The MCC Program Application Package includes all forms needed to submit an MCC Application.
REISSUED MORTGAGE CREDIT CERTIFICATE (RMCC) PROGRAM
The RMCC Program application package includes all forms needed to submit the RMCC Application. The RMCC Program is available only through Participating RMCC Lenders. To be eligible to obtain a reissued MCC the RMCC Application must be submitted to the County within one-year of refinancing the mortgage/loan associated with a qualified MCC or a qualified existing RMCC.
The RMCC Program Application package includes all forms needed to submit the RMCC Application.
MCC Application Package 2019.pdf