Summary: District of Columbia, DC; Revenue - Housing, Multifamily FHA Insurance - S&P Global Ratings’ Credit Research

Summary: District of Columbia, DC; Revenue - Housing, Multifamily FHA Insurance

Summary: District of Columbia, DC; Revenue - Housing, Multifamily FHA Insurance - S&P Global Ratings’ Credit Research
Summary: District of Columbia, DC; Revenue - Housing, Multifamily FHA Insurance
Published Mar 28, 1996
Published Mar 28, 1996
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

The rating on the District of Columbia's<$IDistrict of Columbia>health facilities mortgage revenue bonds reflects: @BULLET = The strong credit quality of the mortgage note on the underlying Washington Home Facility project, which is fully insured by FHA under section 232; @BULLET = The 111.51% assets to liability position of the bonds; @BULLET = Full and timely payment of debt service on the bonds and the underlying mortgage note; and @BULLET = Debt service reserve fully funded to cover debt service during the assignment process in the event of a mortgage note default. Assets total $13.660 million as of the Feb. 28, 1996 report date, including a $12.320 million FHA-insured mortgage loan earning 8.00% that matures Dec. 1, 2028; a

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
HTML HTML
Buy Now

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: District of Columbia, DC; Revenue - Housing, Multifamily FHA Insurance" Mar 28, 1996. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-District-of-Columbia-DC-Revenue-Housing-Multifamily-FHA-Insurance-63831>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: District of Columbia, DC; Revenue - Housing, Multifamily FHA Insurance Mar 28, 1996. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-District-of-Columbia-DC-Revenue-Housing-Multifamily-FHA-Insurance-63831>
  
US$ 225.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.