Virginia Housing Development Authority Series 2024C Commonwealth Mortgage Bonds Rated ?AAA? - S&P Global Ratings’ Credit Research

Virginia Housing Development Authority Series 2024C Commonwealth Mortgage Bonds Rated ?AAA?

Virginia Housing Development Authority Series 2024C Commonwealth Mortgage Bonds Rated ?AAA? - S&P Global Ratings’ Credit Research
Virginia Housing Development Authority Series 2024C Commonwealth Mortgage Bonds Rated ?AAA?
Published Jul 30, 2024
3 pages (1334 words) — Published Jul 30, 2024
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Abstract:

ENGLEWOOD (S&P Global Ratings) July 30, 2024--S&P Global Ratings assigned its 'AAA' long-term rating to the Virginia Housing Development Authority's (Virginia Housing) approximately $40 million remarketed 2023 series E non-AMT, sub-series E-3, $40 million remarketed 2023 series E non-AMT, sub-series E-4, and $160 million 2024 series C taxable commonwealth mortgage bonds (CMBs). At the same time, we affirmed our 'AAA' long-term rating and underlying rating (SPUR) on the CMB resolution. The outlook is stable. Bonds issued within the CMB resolution are general obligations of Virginia Housing payable from the revenue, assets, and money pledged under the master indenture on a parity basis with all other obligations outstanding under the master indenture. The bonds are also supported by Virginia Housing's general

  
Brief Excerpt:

...3223022 | 300128896 information is available to RatingsDirect subscribers at www.capitaliq.com. All ratings affected by this rating action can be found on S&P Global Ratings' public website at www.spglobal.com/ratings....

  
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MLA:
S&P Global Ratings’ Credit Research. "Virginia Housing Development Authority Series 2024C Commonwealth Mortgage Bonds Rated ?AAA?" Jul 30, 2024. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Virginia-Housing-Development-Authority-Series-2024C-Commonwealth-Mortgage-Bonds-Rated-AAA-3223022>
  
APA:
S&P Global Ratings’ Credit Research. (). Virginia Housing Development Authority Series 2024C Commonwealth Mortgage Bonds Rated ?AAA? Jul 30, 2024. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Virginia-Housing-Development-Authority-Series-2024C-Commonwealth-Mortgage-Bonds-Rated-AAA-3223022>
  
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