S&P Global Ratings assigned its 'AA+' long-term rating to the Wyoming Community Development Authority's (WCDA) housing revenue bonds, 2016 series 1 and 2. Additionally, S&P Global Ratings affirmed its 'AA+' long-term rating on the bonds previously issued under WCDA's 1994 parity indenture. Finally, we affirmed our 'A-1+' short-term rating on all variable-rate bonds outstanding under the 1994 indenture. The outlook, where applicable, is stable. The short-term rating reflects our view of liquidity support in the form of standby bond purchase agreements provided by either State Street Bank and Trust Co. (AA-/Stable/A-1+) or Federal Home Loan Bank of Des Moines (AA+/Stable/A-1+). The 'AA+' long-term rating is based on our view of the following strengths: Strong credit quality of the mortgage loan
