S&P Global Ratings assigned its 'AA+' long-term rating to North Carolina Housing Finance Agency's (NCHFA) series 45 homeownership revenue bonds (the 1998 trust agreement). At the same time, S&P Global Ratings affirmed its 'AA+' long-term rating and underlying rating (SPUR) on NCHFA's homeownership revenue parity debt (the 1998 trust agreement) resolution. The outlook is stable. NCHFA will use the series 45 bond proceeds to purchase mortgage-backed securities (MBS), make downpayment assistance loans to low- and moderate-income households in North Carolina, redeem the outstanding series 2009 bonds, and pay issuance costs. NCHFA established the bond indenture in 1998, and all indenture bonds are on parity. The agency established its main single-family homeownership bond indenture in 1998, and all indenture bonds are
