S&P Global Ratings assigned its 'A+' issuer credit rating (ICR) to Columbus Metropolitan Housing Authority (CMHA). The outlook is stable. The rating on CMHA reflects the authority's stand-alone credit profile (SACP) of 'a+' and our view that there is a moderate likelihood that the U.S. government would provide timely and sufficient extraordinary support to CMHA in the event of financial distress. The ICR also reflects our view of the authority's: Strong strategy and management assessment, supported by a basic strategic planning framework, a consistency of strategy with organizational capabilities, and strong management expertise and experience; Strong asset quality and operating performance, as demonstrated by an average age of 19 years for the authority's portfolio; Excellent liquidity assessment evidenced by estimated
