SAN FRANCISCO (Standard&Poor's) Aug. 4, 2014--Standard&Poor's Ratings Services assigned its 'AA+' rating to the Wyoming Community Development Authority's (WCDA) housing revenue bonds, 2014 series 1, 2, and 3. In addition, Standard&Poor's affirmed its 'AA+' long-term rating on the bonds previously issued under WCDA's 1994 parity indenture. "The 'AA+' long-term rating is based on our view of the strong credit quality of the mortgage loan collateral, the strength of the authority's cash flow runs, the authority's very strong reserve levels, and the authority's reduction in exposure to variable-rate debt," said Standard&Poor's credit analyst Aulii Limtiaco. In addition, we affirmed our 'A-1+' short-term rating on all variable-rate bonds outstanding under the 1994 indenture. The
