The ViewDataDictionary that is passed to the HtmlHelper can be empty, or made to contain the data you want for your test.

public static HtmlHelper CreateHtmlHelper(ViewDataDictionary vd)
{
  var mockViewContext = new Mock<ViewContext>(
    new ControllerContext(
      new Mock<HttpContextBase>().Object,
      new RouteData(),
      new Mock<ControllerBase>().Object),
    new Mock<IView>().Object,
    vd,
    new TempDataDictionary());</p>

<p>var mockViewDataContainer = new Mock<IViewDataContainer>();
  mockViewDataContainer.Setup(v => v.ViewData)
    .Returns(vd);</p>

<p>return new HtmlHelper(mockViewContext.Object, 
    mockViewDataContainer.Object);
}