NEW YORK (S&P Global Ratings) Oct. 17, 2016--S&P Global Ratings revised the outlook on its 'AA' long-term rating and underlying rating (SPUR) on North Carolina Housing Finance Agency's (NCHFA) housing revenue debt to positive from stable. The rating action reflects S&P Global Ratings' opinion of NCHFA's providing a high degree of security to bondholders by building the resolution's financial strength through overall growth in its asset-to-liability-parity ratio to cover loan losses and maintenance of strong administrative oversight and mortgage loan collateral performance. S&P Global Ratings assigned its 'AA' long-term rating and positive outlook to the agency's $96.205 million series 37A alternative-minimum tax and $94.92 million series 37B nonalternative-minimum tax home ownership revenue refunding bonds and affirmed its 'AA' long-term rating
