Via RobleThrough the
Housing Enabled by Local Partnerships (HELP) Program, the California
State Housing Finance Agency provides local governments with an
unsecured 10-year loan, at a 3.5 percent interest rate, which they can
use to meet locally determined priorities for affordable homes.
Established in 1998, the HELP Program has provided about $160 million
in funding to support the development of more than 19,000 affordable
rental and owner-occupied homes statewide. One example is a $1.85
million award to the city of Escondido to assist with site acquisition,
development and
rehabilitation of Via Roble.