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City Heights P.I.T.C.H.
(Participate In Transforming City Heights) Program

  • Subordinate loan of up to $50,000 with payments deferred for up to 5 years. Interest rate is 7.00%.
     
  • Household income is limited to 100% of the Area Median Income (AMI).
     
  • Maximum purchase price is $375,200.
     
  • Eligible properties must be located within the City Heights Redevelopment Area. Not all of City Heights is within this zone.
     
  • Borrowers are required to volunteer their time to serving the City Heights community. This service is applied toward credits that pay down the loan.
     
  • This loan program is operated by the SDRC (San Diego Revitalization Corporation).
     
  • Borrowers are required to attend a HUD-Approved Course.

I can provide this program for you.

 

 

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Brought To You By
Mark Harmon, Realtor

CalHFA Preferred Loan Officer
USA Realty and Loans

Brokerage Main Office
3994 Carson St.
San Diego, CA 92117