An Alternative to Mortgage Revenue Bonds: An Evaluation of the Mortgage Credit Certificate Program in North Carolina

  • Michael A. Stegman
  • David Stebbins
Part of the Current Issues in Real Estate and Economics book series (IREF, volume 2)


In this chapter, we present our findings about the operation of the North Carolina Housing Finance Agency’s (NCHFA) Mortgage Credit Certificate (MCC) Program, and we recommend how the program could be changed to serve better first-time buyers who need financial assistance.


Credit Rate Mortgage Loan Home Buyer Mortgage Credit Mortgage Insurance Company 
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Copyright information

© Springer Science+Business Media New York 1992

Authors and Affiliations

  • Michael A. Stegman
  • David Stebbins

There are no affiliations available

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