Georgia Housing and Finance Authority Single-Family Mortgage Bonds Assigned 'AAA' Rating

SAN FRANCISCO (S&P Global Ratings) Oct. 6, 2021--S&P Global Ratings assigned its 'AAA' long-term rating to the  Georgia Housing and Finance Authority's (GHFA) single-family mortgage bonds, 2021 series A (non-AMT). At the same time, we affirmed our 'AAA' long-term rating on all debt issued under GHFA's single-family mortgage bond resolution (the 1976 general resolution). The outlook is stable. GHFA will use the 2021 series A bond proceeds to purchase new single-family mortgage loans, fund down payment assistance loans, refund series 2010 B and 2009 C-2 bonds, and pay costs of issuance. "The rating reflects our view of the very strong credit quality of the collateral securing the bonds, sufficient asset-liability parity, low-risk debt profile, strong asset management oversight, and fully

...October 6, 2021 SAN FRANCISCO (S&P Global Ratings) Oct. 6, 2021--S&P Global Ratings assigned its '###' long-term rating to the Georgia Housing and Finance Authority's (GHFA) single-family mortgage bonds, 2021 series A (non-AMT). At the same time, we affirmed our '###' long-term rating on all debt issued under GHFA's single-family mortgage bond resolution (the 1976 general resolution). The outlook is stable. GHFA will use the 2021 series A bond proceeds to purchase new single-family mortgage loans, fund down payment assistance loans, refund series 2010 B and 2009 C-2 bonds, and pay costs of issuance. "The rating reflects our view of the very strong credit quality of the collateral securing the bonds, sufficient asset-liability parity, low-risk debt profile, strong asset management oversight, and fully funded reserves and sufficient liquidity in the resolution," said S&P Global Ratings credit analyst Aulii Limtiaco. We have analyzed GHFA's environmental, social, and governance risks related...

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