The high cost of housing in California can make purchasing a home difficult for first-time homebuyers. To assist, the California Debt Limit Allocation Committe (CDLAC) offers the Single-Family First-Time Homebuyer Program. This program helps homebuyers of single-family homes, condominiums, or townhouses use mortgage credit certificates to reduce their federal tax liability by applying the credit to their net tax due. State and local governmental agencies and joint powers authorities can issue both tax-exempt mortgage revenue bonds (MRBs) or mortgage credit certificates (MCCs) to assist first-time homebuyers when they purchase a home. Program participants must meet certain income limits and purchase a home that falls within the program's purchase price limitations.
Mortgage Revenue Bond Application
Mortgage Credit Certificate Application
MCC Fact Sheet
Veteran's Home Loan Program Application
Attachment M - Annual Required Reporting
Report of Action Taken Form for Bond Issues
Standard MCC Issues
Carry-Forward MCC Issues
Applications Questions and Answers
Certification of Compliance II Non-QRRP Form
Certificate of Completion Non-QRRP Form
Quick Links
CalVet Home Loans
Make Payment
Sign Up to Receive CDLAC Information
Contact Information
If you have any questions about the Single Family First-Time Homebuyer Program, please contact CDLAC.
