Ii Loan Program News Today

State Treasurer Fiona Ma announced the approval of a $2 million low-interest loan to San Benito County’s hospital to replace a 50,000-square-foot roof in such dire need of repair that a portion failed in recent years, causing a halt in services for several months and a loss of revenue. The two percent, 20-year loan was issued through the California Health Facilities Financing Authority (CHFFA), chaired by Treasurer Ma, for the benefit of San Benito Health Care District doing business as Hazel...

Assemblywoman Sharon Quirk-Silva (D – Fullerton) continues to assist the elderly and homeowners through funding provided by state agencies. Both the California Department of Housing and Community Development (HCD) and the California Health Facilities Financing Authority (CHFFA) have provided funding for various programs. The CHFFA recently awarded Community SeniorServ, Inc. a HELP II Loan in the amount of $1,490,000. The HELP II Loan Program, administered by CHFFA, provides low interest loa...