El Paso Housing Authority, Texas   EP Royal Estates PFC; General Obligation - S&P Global Ratings’ Credit Research

El Paso Housing Authority, Texas EP Royal Estates PFC; General Obligation

El Paso Housing Authority, Texas   EP Royal Estates PFC; General Obligation - S&P Global Ratings’ Credit Research
El Paso Housing Authority, Texas EP Royal Estates PFC; General Obligation
Published Sep 11, 2024
7 pages (3014 words) — Published Sep 11, 2024
Price US$ 500.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'A+' rating to EP Royal Estates PFC, Texas' approximately $15 million series 2024 residential development bonds (El Paso Royal Apartments Project). At the same time, S&P Global Ratings affirmed its 'A+' issuer credit rating (ICR) on Housing Authority of the City of El Paso (EP HOME) and the authority's series 2023 bonds outstanding. .The outlook is stable. EP Royal Estates PFC, is a nonprofit public facility corporation organized under applicable Texas state law created for the purpose of issuing bonds to finance certain affordable housing projects of EP HOME. The series 2024 bond proceeds will fund the acquisition and capital improvements for a multifamily rental housing development, consisting of 142 units (the project) for EP

  
Brief Excerpt:

...+ S&P Global Ratings assigned its 'A+' rating to EP Royal Estates PFC, Texas' approximately $15 million series 2024 residential development bonds (El Paso Royal Apartments Project). + At the same time, S&P Global Ratings affirmed its 'A+' issuer credit rating (ICR) on Housing Authority of the City of El Paso (EP HOME) and the authority's series 2023 bonds outstanding. + .The outlook is stable....

  
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Full Report

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Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "El Paso Housing Authority, Texas EP Royal Estates PFC; General Obligation" Sep 11, 2024. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/El-Paso-Housing-Authority-Texas-EP-Royal-Estates-PFC-General-Obligation-3248169>
  
APA:
S&P Global Ratings’ Credit Research. (). El Paso Housing Authority, Texas EP Royal Estates PFC; General Obligation Sep 11, 2024. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/El-Paso-Housing-Authority-Texas-EP-Royal-Estates-PFC-General-Obligation-3248169>
  
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