Summary: Michigan State Housing Development Authority; General Obligation; Single Family Whole Loan - S&P Global Ratings’ Credit Research

Summary: Michigan State Housing Development Authority; General Obligation; Single Family Whole Loan

Summary: Michigan State Housing Development Authority; General Obligation; Single Family Whole Loan - S&P Global Ratings’ Credit Research
Summary: Michigan State Housing Development Authority; General Obligation; Single Family Whole Loan
Published Apr 25, 2011
1131 words — Published Apr 25, 2011
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Abstract:

Standard&Poor's Ratings Services affirmed its 'AA/A-1+' rating on Michigan State Housing Development Authority's offered variable-rate rental housing revenue bonds series 2008A (AMT), and series 2000A (MBIA), due to the bank facility being extended to Sept. 28, 2012. The long-term component of the rating is based on Michigan State Housing Development Authority. The short-term component of the rating is based on JPMorgan Chase Bank N.A. At the same time, Standard&Poor's affirmed its 'AA/A-1' rating on the authority's rental housing variable-rate demand bonds series 2002B due to the bank facility being extended to Sept. 1, 2011. The long-term component of the rating is based on Michigan State Housing Development Authority. The short-term component of the rating is based

  
Brief Excerpt:

RESEARCH Summary: Michigan State Housing Development Authority; General Obligation; Single Family Whole Loan Publication date: 25-Apr-2011 Primary Credit Analyst: Santos Souffront, New York (1) 212-438-2197; santos_souffront@standardandpoors.com...

  
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Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Michigan State Housing Development Authority; General Obligation; Single Family Whole Loan" Apr 25, 2011. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Michigan-State-Housing-Development-Authority-General-Obligation-Single-Family-Whole-Loan-862653>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Michigan State Housing Development Authority; General Obligation; Single Family Whole Loan Apr 25, 2011. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Michigan-State-Housing-Development-Authority-General-Obligation-Single-Family-Whole-Loan-862653>
  
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