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VHFA multifamily mortgage bond rating returns to A+

Posted by: Leslie Black-Plumeau on 7/26/2011

Standard & Poor's Ratings Services raised its rating on VHFA's multifamily mortgage bonds  from 'BBB+' back to ‘A+’.   

"The upgrade is based on recent legislative changes that resulted in these bonds conforming with our moral obligation criteria," said Standard & Poor's credit analyst Henry Henderson. 

Read the Standard and Poor’s press release.