Summary: El Paso Housing Authority, Texas   EP La Privada PFC; General Obligation - S&P Global Ratings’ Credit Research

Summary: El Paso Housing Authority, Texas EP La Privada PFC; General Obligation

Summary: El Paso Housing Authority, Texas   EP La Privada PFC; General Obligation - S&P Global Ratings’ Credit Research
Summary: El Paso Housing Authority, Texas EP La Privada PFC; General Obligation
Published Feb 19, 2025
5 pages (2089 words) — Published Feb 19, 2025
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Abstract:

S&P Global Ratings assigned its 'A+' rating to EP La Privada PFC, Texas' approximately $25.4 million series 2025 residential development revenue bonds (HOME Essential Function Housing Program [La Privada Project]), issued on behalf of the El Paso Housing Authority (EP HOME). At the same time, we affirmed our 'A+' issuer credit rating (ICR) on EP HOME and our 'A+' rating on the authority's outstanding bonds. The outlook is stable. EP La Privada PFC is a nonprofit public facility corporation organized under applicable Texas state law that was created for issuing bonds to finance certain affordable housing projects of EP HOME. The series 2025 residential development revenue bond proceeds will be used to finance the acquisition of and capital improvements to

  
Brief Excerpt:

...+ S&P Global Ratings assigned its 'A+' rating to EP La Privada PFC, Texas' approximately $25.4 million series 2025 residential development revenue bonds (HOME Essential Function Housing Program [La Privada Project]), issued on behalf of the El Paso Housing Authority (EP HOME). + At the same time, we affirmed our 'A+' issuer credit rating (ICR) on EP HOME and our 'A+' rating on the authority's outstanding bonds. + The outlook is stable....

  
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Summary

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MLA:
S&P Global Ratings’ Credit Research. "Summary: El Paso Housing Authority, Texas EP La Privada PFC; General Obligation" Feb 19, 2025. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-El-Paso-Housing-Authority-Texas-EP-La-Privada-PFC-General-Obligation-3325501>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: El Paso Housing Authority, Texas EP La Privada PFC; General Obligation Feb 19, 2025. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-El-Paso-Housing-Authority-Texas-EP-La-Privada-PFC-General-Obligation-3325501>
  
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