S&P Upgrades Issuer Ratings For Five Housing Authorities

摘要

Standard & Poor's has upgraded its issuer credit ratings for five housing authorities after applying its criteria for rating government-related entities (GRE), which it uses for public and affordable housing providers that may benefit from extraordinary government support when needed.rnS&P viewed housing authorities as having a moderate likelihood of support based on their strong link with the federal government. S&P noted that housing authorities are essential to the government because they provide housing and services to the lowest-income families.