S&P Global Ratings assigned its 'A+' long-term rating to the Columbus Metropolitan Housing Authority (CMHA), Ohio's anticipated $32.0 million series 2026B general revenue bonds (Hudson Crossing Project). At the same time, S&P Global Ratings affirmed its 'A+' issuer credit rating (ICR) on CMHA and its 'A+' rating on the authority's general revenue bonds outstanding. The outlook is stable. The series 2026B bonds are secured by net operating income and general revenue of CMHA, and any other funds available under the trust estate as outlined in the transaction documents. General revenue is defined as all revenue of CMHA to the extent it's available to pay debt service and not pledged solely to another purpose. Although CMHA has not identified the portion
