CIC’s Homeownership Team Has Been Busy!

Have You Seen Us Lately?

Community Investment Corporation’s (CIC) Homeownership Team has been busy!

CIC is now the only organization facilitating the Mortgage Credit Certificate (MCC) program for the entire State of Arizona. We have been out and about to spread the word and help homebuyers in all counties purchase a home.

Did you miss the August MCC info session?

Watch the recording on YouTube!

Recent Wins!

It’s easy to get lost in the weeds of everyday life and forget how impactful our work is, so we want to share some positive news with you.

  • In mid-August, the max benefit for the Essential Worker grant DOUBLED to $5,000.
  • The number of households receiving the Essential Worker grant fund is increasing; 16 Essential Workers became homeowners in August.
  • We just added a new easy-to-use map to our website that makes finding target areas for the MCC program effortless. Take a look!
  • MSN.com featured CIC and the MCC program in A first-time homebuyer’s guide to Arizona.

Did you know homebuyers can use the MCC IN ADDITION TO other programs like Down Payment Assistance and the Essential Worker’s Fund? These programs not only bring homeownership within reach for some first-time homebuyers, they increase the buying power, which benefits the homeowner, the realtor, and the lender. It is truly a win-win-win situation!

Sign up for the last Mortgage Credit Certificate info session we’re hosting this year!

📅 Wednesday, November 9
⌚ 1-2 p.m.
💻 Zoom

Sign Up for Nov 9 Info Session

CIC is a Copper Cactus Award Finalist

CIC is humbled and honored to be a finalist for the Tucson Metro Chamber Copper Cactus Awards. We were nominated for the Tucson Electric Power Social Impact Award and invite you to join us for the virtual awards event on Oct. 17, 7-8 p.m.

Continue reading

Mortgage Credit Certificates are a blessing! – Leslie A.

“My lender added the MCC when I was closing on my house because she knew about the benefits of signing me up for the program. I’ve saved thousands over the years. One year, I used the money toward the purchase of a car – it’s so hard to save for big purchases like that. I’m surprised that some tax preparers don’t know anything about it. I try to share what I know with CPA’s because the MCC is a complete blessing!” – Leslie A.

The Mortgage Credit Certificate helped me with my house upgrade! – Rodney B.

“The tax credit is great – the refund definitely helps with big things like bills and home improvement projects. One year, my tax person asked how I got the MCC because he said it was like finding gold for homeowners. The best part about the MCC though is how helpful it was when I first purchased my house. The MCC allowed me to qualify for a better mortgage so I able to buy in the community where I wanted to live.”  – Rodney B.

The Mortgage Credit Certificate helped me pay off my debt! – Denise B.

“I found out about the Mortgage Credit Certificate from a peer at work. With the program, I save an extra $500 to $1,200 every year on my taxes. With this savings, I’ve been able to pay off my debt faster. For me, it’s not just about the discount, though. When I got in the program, I went through classes for first time homeowners. Being able to educate myself before buying was very beneficial. I recommend the MCC program to anyone I know who is looking to buy a house.”  – Denise B.

Mortgage Credit Certificate is simple to use!- Howard B.

“My realtor told me about the MCC program when I was buying my house. Every year I use it, I end up owing less money at tax time. The program is simple, especially if you do your own taxes like I do. It’s really not very difficult given the benefits you receive. I have and will continue to recommend the program.”  – Howard B.