SAN FRANCISCO (Standard&Poor's) June 9, 2014--Standard&Poor's Ratings Services raised its long-term rating to 'A' from 'A-' on HP Communities LLC, Colo.'s military housing revenue bonds series 2008B and to 'A-' from 'BBB+' on HP Communities' military housing revenue bonds series 2008C. Standard&Poor's also affirmed its 'AA-' long-term rating on the military housing revenue bonds bonds series 2008A. The outlook is stable. "The rating action reflects our view of strong debt service coverage on the bonds, the high essentiality of Little Rock, Patrick, and Moody Air Force Bases, the moderate-to-high essentiality of Hanscom Air Force Base, an increase in the average basic allowance for housing rates across all four bases, and strong demand for units
