S&P Global Ratings assigned its ‘A+’ long-term rating to the Housing Authority of Snohomish County (HASCO, or Authority), Washington's $35 million series 2026 multifamily revenue bonds issued for Bow Tie Family Project and Bow Tie Senior Project. At the same time, S&P Global Ratings affirmed its ‘A+’ issuer credit rating (ICR) on HASCO and its ‘A+’ long-term rating on HASCO’s general obligation (GO) debt, including previously issued revenue bonds. The outlook is positive. An ICR reflects our view of an obligor's general creditworthiness, focusing on its capacity and willingness to meet financial commitments when they come due. It does not apply to any specific financial obligation because it does not consider the obligation's nature and provision, standing in bankruptcy or
