North Carolina Housing Finance Agency; Single Family Multiple MBS; Single Family Whole Loan - S&P Global Ratings’ Credit Research

North Carolina Housing Finance Agency; Single Family Multiple MBS; Single Family Whole Loan

North Carolina Housing Finance Agency; Single Family Multiple MBS; Single Family Whole Loan - S&P Global Ratings’ Credit Research
North Carolina Housing Finance Agency; Single Family Multiple MBS; Single Family Whole Loan
Published Oct 27, 2023
11 pages (3954 words) — Published Oct 27, 2023
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA+' long-term ratings to the North Carolina Housing Finance Agency's (NCHFA) approximately $235 million home ownership revenue bonds (HORBs), series 52-A (non-alternative minimum tax; social bonds); and approximately $75 million HORB, series 52-B (federally taxable; social bonds). At the same time, S&P Global Ratings affirmed its 'AA+' long-term rating on the agency's HORB 1998 resolution. The outlook is stable. Bonds issued within the HORB 1998 resolution are payable from the revenues, assets, and money pledged under the master indenture on a parity basis with all other obligations outstanding under the master indenture. The series 52-C bonds, which will be rated separately, will be issued as variable-rate demand obligations, and will receive enhancement in the form

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##+' long-term ratings to the North Carolina Housing Finance Agency's (NCHFA) approximately $235 million home ownership revenue bonds (HORBs), series 52-A (non-alternative minimum tax; social bonds); and approximately $75 million HORB, series 52-B (federally taxable; social bonds). + At the same time, S&P Global Ratings affirmed its '##+' long-term rating on the agency's HORB 1998 resolution. + The outlook is stable....

  
Report Type:

Full Report

Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "North Carolina Housing Finance Agency; Single Family Multiple MBS; Single Family Whole Loan" Oct 27, 2023. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/North-Carolina-Housing-Finance-Agency-Single-Family-Multiple-MBS-Single-Family-Whole-Loan-3077737>
  
APA:
S&P Global Ratings’ Credit Research. (). North Carolina Housing Finance Agency; Single Family Multiple MBS; Single Family Whole Loan Oct 27, 2023. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/North-Carolina-Housing-Finance-Agency-Single-Family-Multiple-MBS-Single-Family-Whole-Loan-3077737>
  
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