Summary: Massachusetts Housing Finance Agency; Multifamily Whole Loan - S&P Global Ratings’ Credit Research

Summary: Massachusetts Housing Finance Agency; Multifamily Whole Loan

Summary: Massachusetts Housing Finance Agency; Multifamily Whole Loan - S&P Global Ratings’ Credit Research
Summary: Massachusetts Housing Finance Agency; Multifamily Whole Loan
Published May 27, 2021
5 pages (1944 words) — Published May 27, 2021
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA' long-term rating to the Massachusetts Housing Finance Agency's (MassHousing) approximately $88.2 million 2021 series A-1 and A-2 (collectively, the 2021 series A bonds) housing bonds. The outlook is positive. MassHousing will use the 2021 series A bond proceeds to provide construction and permanent financing for certain multifamily residential developments. The 2021 series A bonds will be issued in fixed-rate mode, paying interest semiannually on June 1 and Dec. 1, beginning Dec. 1, 2021. The series A-1 bonds are subject to optional, mandatory sinking fund, and special redemption per the official statement. The series A-2 bonds are subject to optional and special redemption per the official statement The 2021 series A bonds are special revenue

  
Brief Excerpt:

...S&P Global Ratings assigned its '##' long-term rating to the Massachusetts Housing Finance Agency's (MassHousing) approximately $88.2 million 2021 series A-1 and A-2 (collectively, the 2021 series A bonds) housing bonds. The outlook is positive. MassHousing will use the 2021 series A bond proceeds to provide construction and permanent financing for certain multifamily residential developments. The 2021 series A bonds will be issued in fixed-rate mode, paying interest semiannually on June 1 and Dec. 1, beginning Dec. 1, 2021. The series A-1 bonds are subject to optional, mandatory sinking fund, and special redemption per the official statement. The series A-2 bonds are subject to optional and special redemption per the official statement The 2021 series A bonds are special revenue obligations of MassHousing, secured solely by a lien on money and investments held in all funds and accounts established by the housing bond resolution, which is MassHousing's main issuing indenture for its multifamily...

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Massachusetts Housing Finance Agency; Multifamily Whole Loan" May 27, 2021. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Massachusetts-Housing-Finance-Agency-Multifamily-Whole-Loan-2656139>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Massachusetts Housing Finance Agency; Multifamily Whole Loan May 27, 2021. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Massachusetts-Housing-Finance-Agency-Multifamily-Whole-Loan-2656139>
  
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