Georgia Housing And Finance Authority Series 2024 A And B Single-Family Mortgage Bonds Rated ?AAA?; Outlook Is Stable

ENGLEWOOD (S&P Global Ratings) May 28, 2024--S&P Global Ratings assigned its 'AAA' long-term rating to the Georgia Housing and Finance Authority's (GHFA) 2024 series A (non-AMT) and series B taxable single-family mortgage bonds (SFMBs), with a combined par amount of $134.78 million. At the same time, we affirmed our 'AAA' long-term rating on the authority's SFMBs outstanding. The outlook is stable. Revenue from and all amounts held in any fund excluding those related to GHFA's rebate obligation, including investments, held pursuant to the authorizing resolutions secure bonds issued within the SFMB program. The bonds are also general obligations of the authority, payable out of any of the authority's revenue, money, or assets legally available. S&P Global Ratings does not carry

...May 28, 2024 ENGLEWOOD (S&P Global Ratings) May 28, 2024--S&P Global Ratings assigned its '###' long-term rating to the Georgia Housing and Finance Authority's (GHFA) 2024 series A (non-AMT) and series B taxable single-family mortgage bonds (SFMBs), with a combined par amount of $134.78 million. At the same time, we affirmed our '###' long-term rating on the authority's SFMBs outstanding. The outlook is stable. Revenue from and all amounts held in any fund excluding those related to GHFA's rebate obligation, including investments, held pursuant to the authorizing resolutions secure bonds issued within the SFMB program. The bonds are also general obligations of the authority, payable out of any of the authority's revenue, money, or assets legally available. S&P Global Ratings does not carry a public rating on the authority. According to preliminary transaction documents, approximately $135 million of 2024 series A and B bonds will be issued to finance mortgage loans, including down payment...

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